Bristol Realtor Pleads Guilty To Huge Ponzi Scheme

A Bristol, Tennessee woman, who caused of intended to cause losses to 24 victims in a real estate ponzi scam in excess of one million dollars pleads guilty in U.S. District Court in Greeneville. 47 year old Tammy Lynn Hawk, pleaded guilty to wire fraud, aggravated identity theft, money laundering, and filing a false tax return. In 2019, Hawk filed for bankruptcy, but failed to list her accurate income or all the people she had swindled. The investigation was conducted by the U.S. Secret Service, the Internal Revenue Service, Bristol Tennessee Police Department and the District Attorney General. Hawk faces an agreed sentence of ten years in federal prison, plus up to one and a quarter million dollars in fines and supervised release of three years.