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The agreements detail how the five men submitted fraudulent loans for homes with inflated values, then pocket the extra money from the banks through wire transfers.
Both Reese and Petrovich could face up to 30 years in prison.
“He’s been an outstanding officer on behalf of Cape Coral for the last 11 years. He’s been injured in the line of duty. And he’s doing all he can to make up for what happened,” Harris said.
Cape Coral Police Chief Rob Petrovich was not with his son in court, but when learning about the plea earlier this month, said he loves his son unconditionally.
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