TV Star Pleads Guilty to Defrauding Valdosta Bank

-- Valdosta, Ga. -- April 12, 2012 --

A former reality TV star is now facing serious jail time. He's accused of defrauding a local bank out of millions of dollars.

Michael Anthony Prozer has gone from TV star to behind bars. The con man's game was up after he plead guilty to charges that he defrauded a Valdosta bank out of about $3 million dollars.

Prozer plead guilty this week. He was arrested on September 30th of last year. Prior to that he had appeared on the TV show "The Millionaire Matchmaker."

Prozer qualified for the business loan in Valdosta, claiming he had $21 million dollars in a bank account in Maryland. Turns out that was a lie. Valdosta residents had a wide range of reactions to Prozer's crimes.

Rubye Baker said "people can't just go around taking money from banks and feel that is okay and they can get away with it."

Dewayne Tucker said "If he defrauded the banks, I mean they defraud people every day. You know what I'm saying. I mean with $35 dollar over draft fees and how they used that overdraft so if they're stupid enough not to check, I mean get a better background on this guy before they loan him $3 million dollars I basically think it's their fault."

Prozer is currently in the custody of federal marshals and being held in the Pinellas County Jail in Pinellas Florida.

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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Wilhem Location: Tallahassee on Apr 16, 2012 at 08:01 AM
    Isn't it amazing! We criticize other "ethnic" groups as criminals but we white people steal big!
  • by Meeee on Apr 13, 2012 at 10:58 AM
    Why didnt the bank contact the bank in MD for verification he had the money???
  • by Da Pharmasist on Apr 13, 2012 at 08:53 AM
    Prozer is gonna need some Prozac now
  • by Thom on Apr 13, 2012 at 08:49 AM
    Did he use the $3 million loan to qualify as a "millionaire" for Millionaire Matchmaker? And, what was the outcome of the match?
    • reply
      by Anonymous on Apr 13, 2012 at 11:05 AM in reply to Thom
      Thom you can go to Millionaire Matchmaker and watch the video
  • by Someone Location: Tallahassee on Apr 13, 2012 at 08:39 AM
    Why is the media calling him a "TV star" being on a reality game show that matches you with a potential spouse doesn't make you a TV star, it makes you look desperate. And the bank did check first? What genius decided that was a good idea?!
  • by Sane Location: Tallahassee on Apr 13, 2012 at 08:36 AM
    I have $22,000 in the bank and am debt free, have a full time job and cannot get any bank in town to loan me 50K for a fixer-upper house. Maybe I should apply there.
  • by me Location: dead end valdosta on Apr 13, 2012 at 07:26 AM
    boy the law goes all out to protect the rich criminals. the charges should be dropped on stupiditty. it is the bank's fault for not checking. guess the bank figured they would pass it off on thecustomers.
  • by Brenda Location: Valdosta on Apr 13, 2012 at 06:52 AM
    I agree with justis4all!. Why would any institution loan that kind of money with out getting proof of funds(Verification of Deposits)from the borrowers bank!. Sounds like to me that the banks executives that approved these kind of loans need to be held responsible as well!!!
  • by justis4all Location: valdosta on Apr 12, 2012 at 08:25 PM
    It is a fact Mr. Tucker is correct, banks rip off customers everyday without recourse. Who in the H%%L would loan that much money w/out a thorough background chek . Let's go try it tommorrow?
    • reply
      by Anonymous on Apr 13, 2012 at 08:55 AM in reply to justis4all
      But we know what the charges are for bouncing a check. They are not hiding the charges or lying to us about the charges. It is not their fault that you bounce a check. You signed up for an account, and somehow expect there to be no fees at all.
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