Bristol Realtor, Tammy Lynn Hawk Pleads Guilty To Ponzi Scheme

GREENEVILLE, TE (STL.News) On January 19, 2021, Tammy Lynn Hawk, 47, currently of Bristol, Tennessee, entered guilty pleas to counts of wire fraud, aggravated identity theft, money laundering, and filing a false tax return in the United States District Court for the Eastern District of Tennessee at Greeneville.  Sentencing has been set for April 23, 2021 at 10:00 a.m., before District Judge Corker, in United States District Court at Greeneville.

Hawk faces an agreed sentence of 10 years in Federal prison, plus up to $1.25 million in fines, and supervised release of three years.

As part of the written plea agreement, Hawk waived indictment by a federal grand jury and agreed to plead guilty to an information charging her with the above-listed crimes.  Hawk admitted to using her position as a realtor to swindle numerous customers who thought they were making real estate investments.  In reality, Hawk was taking money from new investors to either fund her own lifestyle or to repay existing investors.

According to the plea agreement, Hawk was a licensed real estate agent.  Under her scheme, she would falsely tell current and former customers about parcels of real estate that she could arrange for them to purchase and “flip” for substantial gains. 

Continue reading Bristol: Tammy Lynn Hawk Pleads Guilty To Ponzi Scheme at STL.News.