By Pat Maurer
Correspondent
A 50-year-old Mt Pleasant man, Anthony Demasi, was sentenced to one year and one day in prison September 12th in United States District Court, Eastern District in Bay City by US District Judge Thomas L. Ludington.
Last March, he pled guilty to one count each of identity theft and fraud after a federal grand jury indicted him December 14, 2022. Since that time, he has been on parole. Demasi, the owner of Goldman Advisors, LLC in Mt. Pleasant, was originally charged with three counts of identity theft and three counts of fraud for using the identities of people without their consent to apply for credit cards in 2018 from banks including Capital One, JP Morgan Chase and Barclays of Delaware.
As part of his sentencing last week, Demasi must pay more than $12,000 in restitution and was ordered to take part in the Bureau of Prisons Inmate Financial Responsibility Program with BOP staff creating a financial plan to ensure he “makes satisfactory progress in meeting his financial obligations,” information on the US District Court website said.
His sentencing, which was scheduled earlier, was delayed to September 12th while he aided State investigators with the Clare Health Park investigation, a Bridge Magazine article said in an August 16 article.
Demasi was initially part of the plans that secured a $25 million state grant to establish a Health Park just north of Clare. He was a consultant on the project headed up by Dave Coker, Jr., the article said, and has provided “hundreds of documents and text messages essential to the success of the investigation,” a state official said in a March letter that was revealed in federal court.
The case of identity theft and bank fraud is unrelated to the Health Park project, which was suspended May 23rd last year pending an investigation into questions raised about the use of $10 million in preliminary funds that was distributed.
A state official, quoted in the Bridge article, said, “Demasi has provided a great deal of assistance, valuable information and documentation to investigators.”
