Posts Tagged ‘Fraud Friday’
Georgia banker who faked his death and went on the run for 18 months takes plea deal after allegedly embezzling $21m of his clients’ money
June 6, 2014 By Bob Coleman Editor, Coleman Report Says the Associated Press, Aubrey Lee Price faces 17 federal counts of bank fraud, each punishable by up to 30 years in prison and a $1 million fine A Florida judge declared Price dead at his wife’s request six months after he vanished ‘I created false…
Read MoreFraud Friday — Three Florida Community Bankers Convicted of Bank Fraud
May 23, 2014 By Bob Coleman Editor, Coleman Report Three executives or directors of defunct Coastal Community Bank are facing jail in connection with a failed $3 million loan the bank obtained from another bank during the financial crisis of 2008. Says the DOJ: The case involved a fraud committed against the Government relating to…
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