Christopher Jordan Bailey Pleads Guilty To Stolen Valor and Bank Fraud of Almost $300k








Concord, New Hampshire – In what could be the first sentencing under the Stolen Valor law of 2013,  A New Hampshire man could face more than 30 years in prison after pleading guilty to bank fraud, making false statements on nine loan applications, and a charge of Stolen Valor. It seems New Hampshire doesn’t have a state Stolen Valor law on the books, Bailey is being charged under the Federal law.

Federal prosecutors say 28-year-old Christopher Jordan Bailey of Brentwood pleaded guilty this week in U.S. District Court in Concord. He falsely claimed to have served in the U.S. Marines and had been awarded a Purple Heart , Silver Star  and a Combat Action Ribbon to improve his odds of getting the loans

In an affidavit filed by a U.S. Secret Service Agent, the investigation began in April 2014, when the Secret Service was alerted to potential fraud at the Newburyport Five Cent Savings Bank in Portsmouth. Bailey was alleged to have used counterfeit documents to procure loans totaling nearly $300,000 for farm equipment for agricultural businesses he claimed to operate.

According to court documents, employees at the bank were then alerted by the president of the Kennebunk Savings Bank that Bailey had submitted a loan application to them as well that they considered fraudulent.

Further investigation by Google Earth search and a site visit found no farm located at the location in Brentwood Bailey had claimed to operate one. During an interview with the Portsmouth police, Bailey admitted that there was no operating farm at the location, claiming that he “actively farmed and maintained other people’s property” in return for product.

Further frauds attempted by Bailey were discovered by investigators at Citizen’s Bank and others, where Bailey allegedly used a counterfeit letter from the U.S. Department of Agriculture and an Equifax document.

The total loss for Newburyport was $277,528.90.

The Hampton bank was taken for $48,578. In May 2013, Bailey obtained a $50,000 loan from Kennebunk Savings to buy a 2007 Hitachi Model ZX270 Excavator. He made two payments on it and then defaulted, which resulted in the bank reexamining the loan file.

Bailey told the bank that negative information on his credit report was attributable to his ex-wife’s abuse of a power of attorney that he claimed to have given her while he was serving in the military in Afghanistan and Iraq.

Even as police were investigating his activities, he continued to try to get money from banks, applying for a $100,000 loan in July 2014 from Citizens Bank and a $500,000 loan last August from St. Mary’s Bank in Manchester. Both turned him down after becoming suspicious of details he gave in his loan documents.

He faces a maximum sentence of 30 years on the bank fraud and false statements convictions, and a year on the stolen valor count.

Sentencing is scheduled for July 28, 2015.

This case was investigated by the Manchester Field Office of the U.S. Secret Service and the U.S. Department of Agriculture, Office of Inspector General, with the assistance of the Portsmouth Police Department. The case is being prosecuted by Assistant U.S. Attorney Bill Morse.

We can’t find a photo of Bailey, if anyone has one please email it to us at so we can add it to the article. We want his face to be attributed to his crimes.


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