See above.
What foot the bill are you talking about? It was a private loan in which the lender did due diligence to ascertain if the collateral presented would cover the cost of the loan (because if the loan officers didn't, they would be guilty of financial malpractice and would likely lose their jobs if not face prosecution). The loan was paid back in full and on time, the contract was satisfied, the lender testified that they would gladly do business with the defendant again, and there were no crime victims.
What bill was footed by the taxpayers?