Jack Lee Odom Michael R. Snyder Mary Jo Lickiss Odom, fifty, chairman of Sioux Area Discounts from inside the Cherokee, Iowa, siphoned out of at the least $one million of thrift’s charge so you’re able to their own account and you can grabbed kickbacks of Tx designers. Odom had six ages. Snyder, 36, the new thrift’s vice-president, pleaded responsible so you’re able to pocketing a good $eight,000 financial insurance policies check, following aided government prosecutors complete Odom. Their reward: a sentence out-of forty five months. Lickiss had 80 weeks.
Vincent Crupi, Cynthia Lawrenson, Valerie Rydell, Peter Savard These financing originators, 31, thirty-two, twenty-seven, and 29, correspondingly, has worked at ComFed Offers Bank during the Lowell, Massachusetts
They boosted commissions $two hundred,100 because of the granting financing so you can unqualified borrowers and also by most other schemes. Rydell altered a-one to help you an excellent seven on the an enthusiastic applicant’s money declaration. The guy got a couple of years probation. Savard had a month inside prison, $17,000 into the fees and penalties and restitution. The remainder watch for sentencing.
Ronald Anzivino, Carmen Guarnera, Joerican Financial to have Coupons when you look at the Boston, took kickbacks to your funds funneled to your financial of the Guarnera, 52. To possess charge out of $1,one hundred thousand or over, he broke up which have Guarnera, Motroni lent towards the uncreditworthy. You to definitely recite customers is actually Ford agent Anzivino, 46, which borrowed to possess himself and you may unqualified vehicle people. Anzivino got 10 months during the jail. Motroni, 1 . 5 years; Guarnera, 2 yrs.
Henry Leo Ewald Entrepreneur Ewald, forty eight, forged their cure for a beneficial $6.5 mil home loan off Basic Federal out of Pontiac, Michigan, to your a flat building the guy don’t very own. The guy performed fulfill attention costs. Thirty-7 weeks.
Kent Higdon C.W. Jackson Higdon, 38, vice-president at first Southern Deals into the Pascagoula, Mississippi, misstated security to the fund to Jackson. Higdon awaits sentencing. Jackson had probation.
George McLemore forty, a customers at the Eastover Financial to have Savings inside the Petal, Mississippi, kited monitors into track of $173,542. The brand new judge decided to provide the highflying McLemore four weeks in jail.
Lickiss, 41, Sioux Valley’s assistant and treasurer, changed the fresh new times of your board from directors’ conferences on Odom’s behest to display the administrators accepted money they’d when you look at the facts never been aware of
Rebecca Killen forty eight, secretary manager at the Unifirst Lender having Coupons for the Philadelphia, Mississippi, kited $80,one hundred thousand regarding checks one of 17 customer levels, forging signatures as she ran. Sentenced to 9 months into the jail.
Megan McDonald Lee Welch Welch and you will girlfriend McDonald, both 26, made use of fake files to apply for $six,045,878 inside funds regarding all those banks and you can thrifts. Welch had 6 1/2 years; Mcdonald, six months.
Neal Dellocono Robert Fuhrman Discover a whole lot of troubles within River Urban area Government during the Baton Rouge, Louisiana. President Dellocono, 50 (right), couldn’t entice people having apartments the guy possessed, thus he called for no off money and you will River Town lent her or him an entire purchase price. In the a unique situation, Fuhrman, 44, a creator, borrowed $eight hundred,one hundred thousand having a real house project. The guy spent the money elsewhere. Dellocono, privy to his plans, pocketed $104,100000 for the kickbacks. Dellocono had number of years; Fuhrman, around three.
Clinton Mayes Jr. 39, director regarding State Mutual Government Offers & Loan Relationship inside the Jackson, Mississippi, pretended and make loans in order to users when you are using the currency — a maximum of $134,000 — to have themselves. 1 year during the prison.
Linda Shunk Philip Shunk Mrs. Shunk, 40, president from Republic Financial to own Deals within the Jackson, Mississippi, along with her lover, 39, the new ex boyfriend-president, generated unauthorized funds. Loss: $72 billion. Watch for sentencing.
Donald Snede forty, CFO regarding Midwest Government into the Minneapolis, among four indicted officials during the Midwest, admitted he doctored the newest courses, helping Midwest to offer debentures if it are about insolvent. Awaits sentencing.
Sharon Newbill 54, a vice-president from Earliest Area Government Savings & Loan for the Lucedale, Mississippi, received $19,000 from inside the the latest costs by the embezzling out-of First Urban https://servicecashadvance.com/payday-loans-ny/ area. Newbill is sentenced to help you a sharp three-years probation.
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