A former Tyngsborough police officer pleaded guilty last week to providing banks with false information to obtain business loans.

Daniel Whitman, 37, of Salisbury, pleaded guilty in Boston federal court to one count of bank fraud conspiracy, two counts of bank fraud and two counts of making false statements to a bank, according to a statement from the U.S. attorney’s office. Whitman also pleaded guilty to charges involving violations of the National Firearms Act.

Whitman was a Tyngsborough police officer and owner and principal manager of Hitman Firearms LLC, a retail gun shop in Tyngsborough. Whitman and co-conspirator Bin Lu sought to build a large indoor shooting range to serve regional and international customers, offer shooting clinics and provide other services, the U.S. attorney’s statement said.

Prosecutors said Whitman and Lu brought in a Chinese investor, who contributed several million dollars to the project. In applying for loans from local banks, Whitman did not mention this initial funding source and filed false documents with the banks as part of the application process, according to the statement.

In addition, Whitman made, possessed and transferred firearms that had been modified by the addition of stocks and short barrels, resulting in their classification as short-barreled rifles under the NFA, the statement said. These SBRs were not properly registered in the National Firearms Registration and Transfer Record as required by the NFA, according to the U.S. attorney’s office, and Whitman did not pay the applicable taxes or fulfill other requirements under the NFA.

Lu pleaded guilty in June 2021 to one count of conspiracy to commit bank fraud and one count of possession of an unregistered firearm. He is scheduled to be sentenced on Dec. 13.

Sentencing for Whitman is scheduled for January 2023. Whitman was arrested and charged in January 2021 before being indicted by a federal grand jury in June 2021.

Former Police Officer Pleads Guilty to Bank Fraud

by Banker & Tradesman time to read: 1 min
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