Ex-MTSU professor denied new trial in fraud case

NASHVILLE, Tenn. (AP) -- A federal appeals court has ruled that a former Middle Tennessee State University professor convicted of bank and wire fraud will not get a new trial.

Pamela Holder was a nursing professor at MTSU and the former coordinator of the statewide Tennessee Board of Regents online-degree program. She and her now-deceased husband were convicted in 2009.

The U.S. 6th Circuit Court of Appeals' decision Monday in Cincinnati upheld a lower court's ruling refusing to give Holder a new trial.

She was sentenced to 12 months in prison. Prosecutors said she deceived a "straw buyer" into borrowing $2.4 million to buy a $1.5 million home. She helped prepare and send false documents to secure the loan, then moved into the residence and spent part of the remaining money on jewelry.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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