SBA 7(a) Lending Stats by Lender Type
June 24, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Lender Type For fiscal year 2024, these are the lending statistics by lender type as of June 23, 2024:
Read MoreOklahoma Bank SVP Scams Friends and BancFirst to Support Gambling Habit – Fraud Friday
June 21, 2024 Delaney SextonContributing Editor Oklahoma Bank SVP Scams Friends and BancFirst to Support Gambling Habit – Fraud Friday John Padilla, a former Senior Vice President and commercial loan officer at BancFirst in Lawton, Oklahoma, pleaded guilty to a $1 million loan fraud scheme. Padilla’s position at the bank granted him the authority to…
Read MoreColeman Report Live! June 28, 2024 — Fraud Friday @ 1PM EST
Watch on Teams Watch on Youtube Host: Bob Coleman, Owner/Editor, Coleman ReportCo-Host: Lance Sexton, Webinar Instructor, Coleman ReportGuest: Delaney Sexton, Editor, Coleman Report
Read More“It’s here!!!!” – Trisha Patel Emails Nik in Prison After Receiving $7.5 Million from Loan Fraud Scheme
June 20, 2024 Delaney SextonContributing Editor “It’s here!!!!” – Trisha Patel Emails Nik in Prison After Receiving $7.5 Million from Loan Fraud Scheme The USDA guaranteed $6,832,000 of the Patels’ fictitious loan of $8,540,000 in October 2021. Acting as Maya Greer, the fake loan officer, Trisha Patel offered an opportunity to Hanover Securities to place…
Read MoreSBA 7(a) Lending Stats by Exporting Status
June 20, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Exporting Status For fiscal year 2024, these are the lending statistics by exporting status as of June 18, 2024:
Read MoreLincoln Capital Welcomes Blake Langford & Dave Nakhelh to the Senior Management Team
June 20, 2024 Delaney SextonContributing Editor Lincoln Capital Welcomes Blake Langford & Dave Nakhelh to the Senior Management Team Blake Langford Joins as EVP of Construction “I am excited to join the world-class team at Lincoln Capital and look forward to leveraging my knowledge in the commercial construction space and contribute my proven leadership experience…
Read MoreThe Patels Created Fake Loan Officers and Employees in $8.5 Million Fraud Scheme
June 18, 2024 Delaney SextonContributing Editor The Patels Created Fake Loan Officers and Employees in $8.5 Million Fraud Scheme Maya Greer At Nikesh and Trisha Patel’s fake lender, Community 1st Mortgage, they also created a fake loan officer. “Maya Greer” was the Senior Vice President of the fake lender. Trisha played the role of Maya…
Read MoreSBA 7(a) Lending Stats by Rural or Urban Areas
June 18, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Rural or Urban Areas For fiscal year 2024, these are the lending statistics for rural or urban SBA lending as of June 17, 2024:
Read MoreNik Patel’s Fraud Continues – Wife Pleaded Guilty for Her Role in a Loan Fraud Scheme
June 17, 2024 Delaney SextonContributing Editor Nik Patel’s Fraud Continues – Wife Pleaded Guilty for Her Role in a Loan Fraud Scheme Nikesh Patel carried out two fraud schemes where he created fictitious loans and used fraudulent means to have them guaranteed by the USDA or made them appear to be guaranteed by the USDA.…
Read MoreSBA 7(a) Lending Stats by Business Age
June 17, 2024 Delaney SextonContributing Editor SBA 7(a) Lending Stats by Business Age For fiscal year 2024, these are the lending statistics by loan size as of June 16, 2024:
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