Richard L. McCall 51, chairman of a chocolate company, lent $1 million regarding thrifts and you will financial institutions by the overstating internet worth. Willamette S&L out-of Portland, Oregon, destroyed $195,one hundred thousand. McCall’s merely deserts: six months.
Charles B. Madding thirty two, Vp and department director off Fidelity Federal Discounts off Claremore, Oklahoma, embezzled from the thrift by making $100,100 within the fictitious finance. 5 years probation and you may restitution of $75,one hundred thousand.
Earl E. Meyer 46, chairman and you can manager out-of Dealers Federal out of Este Reno, Oklahoma, obtained currency compliment of nominee funds. He was sentenced to 1 1/24 months inside jail and 5 years probation. Restitution, $644,100000.
Robert McMillan 47, branch movie director in the beginning Government S&L away from Pittsburgh, authored a beneficial $46,100000 bogus membership. Got thirty days within Goodwill people therapy center and you may family detention. The fresh feds is actually tempting to get more.
Fred Comunale 42, ’s the former chairman out-of Ellwood Government Discounts & Mortgage, that’s inside the Ellwood Area, Pennsylvania. Yet become sentenced.
Edward Jolly Jr. assistant regional vice-president and you can personal bank loan director at first Federal S&L from inside the Spartanburg, Sc, purloined certain $cuatro.5 billion of thrift’s money from the processing fictitious loan requests. Ironically called “Rock“ (“If your checked right up Caspar Milquetoast from the dictionary might see Jolly’s photo truth be told there,“ states the brand new prosecuting attorneys), Jolly checked out their nerves from the to play the fresh new futures market into stolen currency. He missing that which you. Two years and you will 9 weeks.
Anthony DiGeronimo, George Shipman, William Walsh III Shipman, 44, a twenty-five% shareholder in the Winner Federal out-of Muskogee, Oklahoma, dodged restrictions towards financing to help you major stockholders giving relatives money to invest in the majority of his risk. https://pdqtitleloans.com/payday-loans-wi/ You to definitely friend, DiGeronimo, 50, further defrauded Victor from the exaggerating the cost he was spending money on a vacation Inn and you will pocketing the extra mortgage proceeds. DiGeronimo got 1 step one/24 months, just like the did Walsh, 38, which taken the same fraud. Shipman had nine.
Janet Lawler 47, department movie director regarding Much Western Federal when you look at the Portland, Oregon, lent cash in new names out of Far Western consumers, spending per financing out of that have several other. She accumulated $510,100. Awaits sentence.
James Irvine IV 31, secretary director, Commonwealth Federal into the Northern Wales, Pennsylvania, took $2 hundred,100000 because of the ordering cash into the financial vault, tape a small amount, and you may pocketing the difference. 18 months.
Robert S. Candee 38, business person, penned themselves $470,100 into the monitors removed into profile which he along with his wife had already finalized. Several Rhode Island creditors lost $72,one hundred thousand about scam. Sentence: 1 year into the jail.
James Piersoll III 26, a debtor within Individuals Coupons Financial during the Martin’s Ferry, Ohio, falsified loan requests one totaled $142,059
Darlene Peters 51, vice president during the Britton department away from First Federal Deals away from Watertown, South Dakota, created a make believe financing for the state treasurer’s office and spent the money herself. 1 year.
John Roentgen. Gaustad thirty-six, direct out of Midland Mortgage Co. when you look at the Bismarck, Northern Dakota, financed make believe mortgages using First Government off Huron, Southern Dakota. The money went along to coastline right up Midland. Sentence: 37 days.
Jerry A beneficial. Laughlin Robert Grams. Can get Laughlin, elder vp, and can even, vp, off Household Federal inside Albany, Oregon, falsified financing conversion info so you’re able to embezzle earnings. 5 years probation per.
He rubber-stamped $40,one hundred thousand when you look at the finance in order to themselves for which the guy failed to qualify
Martin Vickers 43, former vice-president of Gill Discounts inside the San Antonio, put fake consumers to boost particular fast dollars to relax and play the fresh stock market along with his friend John Magan, 56. Vickers created four straw-guy funds on thrift totaling $270,100. The 2 was basically established in the event that industry sparkling them away. Vickers is convicted of creating false entries and you will fake finance, and sentenced to five years within the prison. He had been including ordered while making full restitution. Magan could have been indicted and awaits demo.