Mr. Eagle has previously admitted to actions that certainly sounded like fraud in State civil court, but today a plea agreement was filed in Federal criminal court admitting to several counts of charges for fraud. Mr Eagle has admitted to 6 counts of fraud, in total, putting him at risk for up to 30 years in prison on each count. His agreement guarantees a recommendation for the low-end of his sentencing guidelines, which have not yet been determined. Federal sentencing guidelines use the value of the money in question as an enhancement, and it appears that the charges stem from 2 loans he obtained totally 19 million dollars. The low-end of his guidelines could still include a substantial prison sentence.
We have discussed Greg Eagle before on Crimcourts, when he filed for a restraining order against a Cape Coral resident who criticized him at the Octoberfest event, and online. The restraining order was denied, as it would likely have run afoul of 1st Amendment protections of Free Speech and expression. The issue was elevated because at the time, Greg Eagle’s son Dane Eagle was running a campaign for office. The Eagle Realty web site still proclaims on its home page, “Satisfaction Soars With Eagle’s Strength“.