Richard L. McCall 51, president out of a chocolate company, borrowed $1 million away from thrifts and you can banks by overstating internet really worth. Willamette S&L from Portland, Oregon, forgotten $195,100. McCall’s merely deserts: 6 months.
Charles B. Madding thirty two, Vp and you may part manager out-of Fidelity Government Discounts away from Claremore, Oklahoma, embezzled about thrift through $one hundred,000 from inside the fictitious money. Five years probation and you may restitution regarding $75,000.
Earl Age. Meyer 46, chairman and you can director off People Federal out of Este Reno, Oklahoma, received money thanks to nominee financing. He had been sentenced to just one step 1/couple of years in the jail and you can five payday loans online no credit check Washington years probation. Restitution, $644,100000.
Robert McMillan 47, branch director to start with Government S&L of Pittsburgh, authored an effective $46,one hundred thousand phony account. Got a month in the Goodwill area therapy cardiovascular system and you can domestic detention. The latest feds was tempting to get more.
Fred Comunale 42, ‘s the former chairman out-of Ellwood Government Discounts & Financing, that’s inside Ellwood Area, Pennsylvania. Yet to-be sentenced.
Edward Jolly Jr. secretary local vice president and personal loan manager initially Federal S&L in the Spartanburg, South carolina, purloined particular $4.5 billion of the thrift’s money by the processing fictitious loan requests. Ironically called ”Rock” (”If your checked up Caspar Milquetoast on dictionary you would see Jolly’s photo here,” says the latest prosecuting lawyer), Jolly checked his nerves by the to try out the newest futures market into stolen currency. The guy forgotten everything. 2 years and you can 9 months.
Anthony DiGeronimo, George Shipman, William Walsh III Shipman, 44, a twenty-five% shareholder from inside the Winner Federal out of Muskogee, Oklahoma, dodged constraints towards the money in order to biggest stockholders giving nearest and dearest currency to get the majority of his stake.
…
