Posts Tagged ‘First State Bank of Altus’
Fraud Friday — Oklahoma Community Bank President Indicted on 15 Fraud Counts
June 19, 2015 By Bob Coleman Editor, Fraud Friday First State Bank of Altus’ Paul Doughty was charged with bank fraud six years after the failure of his family owned bank in 2009. As President and Chairman Doughty’s loan approval limit was capped at $500,000. The feds allege he and a partner were heavily invested…
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