Mug Shot Monday – Bank President Pleads Guilty to using a Bank Credit Card for Personal Expenses

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October 21, 2013

Matt-Spillman-photoBy Bob Coleman
Editor, Coleman Report

He did that, and also booked a fraudulent loan and bought a little gold.

In September 2011, he took a bank cashier’s check for $28,650 and bought 15 gold coins from the Ozark Coin Company.

Guessing the scheme was going well, he followed up with 9 more gold coins with another cashier’s check for $14,500 the next month.

Yep, he lost his job, threw away his career and faces prison for 24 gold coins.

Read the indictment here

Read more coverage here