Jack Lee Odom Michael Roentgen. Snyder Mary Jo Lickiss Odom, fifty, chairman from Sioux Valley Coupons when you look at the Cherokee, Iowa, siphoned from about $one million of one’s thrift’s fees in order to his own account and you may took kickbacks out-of Tx builders. Odom had six years. Snyder, thirty-six, the newest thrift’s vice-president, pleaded responsible to help you pocketing a good $eight,100 home loan insurance view, then helped federal prosecutors complete Odom. His reward: a phrase regarding forty-five months. Lickiss had 80 days.
Vincent Crupi, Cynthia Lawrenson, Valerie Rydell, Peter Savard This type of financing originators, 29, 32, twenty seven, and 29, respectively, has worked from the ComFed Deals Bank when you look at the Lowell, Massachusetts
It improved income $two hundred,one hundred thousand from the approving finance to unqualified individuals and also by most other strategies. Rydell altered a single to an excellent seven with the a keen applicant’s earnings statement. The guy had 24 months probation. Savard got 1 month when you look at the jail, $17,one hundred thousand in the penalties and fees and you can restitution. Others watch for sentencing.
Ronald Anzivino, Carmen Guarnera, Joerican Bank to have Offers inside Boston, took kickbacks towards funds funneled towards bank by Guarnera, 52. To have charge from $1,000 or over, he split that have Guarnera, Motroni lent to the uncreditworthy. You to recite customer try Ford specialist Anzivino, 46, exactly who lent for themselves and unqualified auto customers. Anzivino had 10 weeks into the prison. Motroni, eighteen months; Guarnera, couple of years.
Henry Leo Ewald Business owner Ewald, forty-eight, forged his treatment for good $six.5 million mortgage away from Very first Government away from Pontiac, Michigan, on a condo building the guy failed to very own. The guy did fulfill notice handy link money. Thirty-seven days.
Kent Higdon C.W. Jackson Higdon, 38, vice-president initially South Discounts for the Pascagoula, Mississippi, misstated collateral with the loans in order to Jackson. Higdon awaits sentencing. Jackson had probation.
George McLemore 40, a customers on Eastover Financial to possess Savings into the Petal, Mississippi, kited inspections towards the song away from $173,542. The fresh court made a decision to supply the highflying McLemore five days from inside the prison.
Lickiss, 41, Sioux Valley’s assistant and you may treasurer, changed the brand new times of your own panel from directors’ group meetings on Odom’s behest to display that the directors accepted finance that they had inside the facts never heard about
Rebecca Killen forty eight, assistant manager from the Unifirst Bank to own Offers within the Philadelphia, Mississippi, kited $80,one hundred thousand of checks certainly one of 17 customers accounts, forging signatures given that she ran. Sentenced to nine months in the prison.
Megan McDonald Lee Welch Welch and you may girlfriend McDonald, one another 26, put phony files to apply for $6,045,878 during the money of those banking institutions and thrifts. Welch had six 1/2 years; Mcdonald, six months.
Neal Dellocono Robert Fuhrman Discover a whole lot of issues on River Town Federal during the Rod Rouge, Louisiana. Chairman Dellocono, 50 (right), failed to lure people having apartments the guy possessed, therefore the guy expected zero down payments and you will Lake Town borrowed them a full purchase price. In an alternative circumstances, Fuhrman, 49, a creator, lent $400,000 to own a bona-fide house enterprise. The guy invested the cash in other places. Dellocono, aware of his arrangements, pocketed $104,100 within the kickbacks. Dellocono got couple of years; Fuhrman, three.
Clinton Mayes Jr. 39, manager from State Common Federal Deals & Financing Connection inside Jackson, Mississippi, pretended to make finance so you can consumers if you are using the currency — a total of $134,one hundred thousand — to own themselves. 12 months during the jail.
Linda Shunk Philip Shunk Mrs. Shunk, 40, president of Republic Lender to own Savings into the Jackson, Mississippi, and her partner, 39, the new ex-chairman, made not authorized fund. Loss: $72 billion. Loose time waiting for sentencing.
Donald Snede forty, CFO out-of Midwest Federal inside Minneapolis, among five indicted authorities at Midwest, admitted the guy doctored the fresh new guides, helping Midwest to market debentures whether it is around insolvent. Awaits sentencing.
Sharon Newbill 54, a vice-president away from Earliest Area Federal Coupons & Mortgage within the Lucedale, Mississippi, obtained $19,one hundred thousand for the the fresh bills from the embezzling regarding Earliest City. Newbill is sentenced in order to a crisp three-years probation.
