Posts Tagged ‘Loan Fraud’
Mug Shot Monday — The Top Five Perps of 2014
December 29, 2014 By Bob Coleman Editor, Coleman Report Afternoon Brief The sad truth is I don’t want for material in filing the Mug Shot Monday and Fraud Friday reports. Too many of our brethren crossed the line during the Great Recession, and they are now paying the price for new digs at our expense.…
Read MoreFraud Friday – Four Georgia Community Bankers Heading to Prison
June 20, 2014 By Bob Coleman Editor, Coleman Report The FDIC price tag for the failure of Savannah First National Bank was $90 million. Now four Georgia community bankers are heading to jail. Former President & CEO Edward McMath III was sentenced to three and a half years this week, and slapped with a $9.7…
Read MoreMug Shot Monday – If something is too Complex that you don’t Understand, Run in the Opposite Direction
April 21, 2014 By Bob Coleman Editor, Coleman Report Mug Shot Monday – If something is too Complex that you don’t Understand, Run in the Opposite Direction After staging his death in the Gulf of Mexico, former pastor-turned-day trader-turned-banker Aubrey Price was arrested 18 months later when he was pulled over for driving with tinted…
Read MoreMug Shot Monday – Character is the First C
By Bob Coleman Editor, Coleman Report And today’s subject is a true character alleges the FBI. They say he ran his medical supply company out of a 60,000 square foot facility that was bustling with staff in fully furnished offices, racks of inventory and several freight trucks. Literally living a jet setting lifestyle flying all around…
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