NewsState

Actions

Doctor facing bank fraud charges to enter guilty plea

Posted: 4:58 PM, Sep 18, 2018
Updated: 2018-09-18 21:02:25Z
Doctor facing bank fraud charges to enter guilty plea

A Maryland doctor charged with conspiring to commit bank fraud and making false statements on loan applications has agreed to enter a guilty plea.

A federal judge on Tuesday scheduled an Oct. 25 change of plea hearing for 46-year-old Zahid Aslam of Elkton, Maryland.

Aslam is an OB-GYN who also had medical practices in Delaware, New Jersey, and Pennsylvania.  Prosecutors say he entered into an illegal scheme with Tae Kim, who worked as a loan officer at Citibank and WSFS, and recruited two associates to apply for loans for which Aslam knew he would not qualify.

Kim is awaiting sentencing after pleading guilty to a Delaware charge of conspiracy to commit bank fraud and a Maryland charge of attempted bank fraud.

Aslam has surrendered his Maryland medical license.