Search Results

• FORMER BANK PRESIDENT INDICTED FOR STEALING FROM HIS OWN BANK
  $100,000 of bank funds to his own benefit. The indictment also charges...$775,000. Lavine created false correspondence with the loan borrowers
  URL: https://oig.federalreserve.gov/releases/news-ba...
• Results of Analytical Testing of the Board's Publicly Reported Data for the Secondary Market Corporate Credit Facility
  1 of 7 MEMORANDUM DATE: July 14, 2021 TO: Mark E. Van Der Weide General Counsel Board of Governors of the Federal Reserve System FROM: Khalid
  URL: https://oig.federalreserve.gov/reports/board-se...
• COASTAL COMMUNITY BANK EXECUTIVES AND ATTORNEY CHARGED WITH CONSPIRACY, WIRE FRAUD, FALSE STATEMENTS, AND MAKING A FALSE CLAIM AGAINST THE UNITED STATES
  $3,000,000 loan with RBC Bank (USA), which was secured by 100% of the ...$3,750,000 (125% of the RBC Loan) loan from central Florida-based CenterState
  URL: https://oig.federalreserve.gov/releases/PR_Coas...
• BANK CHAIRMAN PLEADS GUILTY TO USING PUBLIC FUNDS TO PURCHASE LUXURY VACATION CONDO
  $381,000 in bank bailout funds to purchase a luxury condominium in Fort...$1,037,000 through the TARP Capital Purchase Program. Woods admitted today
  URL: https://oig.federalreserve.gov/releases/PR_Bank...
• Indictment Unsealed Charging Six Individuals as a Part of Alleged CC Brown Home Loan Modification Services Scheme
  10,000 victims in nearly every state in the country with losses of more...6,000 successful loan modifications and averaged 300-400 successful loan
  URL: https://oig.federalreserve.gov/releases/news-br...
• COURT SENTENCES FORMER WILMINGTON TRUST CHIEF CREDIT OFFICER AND CONTROLLER TO IMPRISONMENT
  $100,000.00 fine. Judge Andrews also sentenced former Wilmington Trust...$300,000.00. The Court also ordered all four Defendants to agree to a
  URL: https://oig.federalreserve.gov/releases/news-wi...
• Bankers and Attorney Sentenced to Prison for Fraud, False Statements, and Making a False Claim Against the United States
  $3,000,000 secured loan with RBC Bank (USA), which was secured by 100%...$3,750,000 loan from central Florida-based CenterState Bank. Based on
  URL: https://oig.federalreserve.gov/releases/news-ba...
• Federal Financial Institutions Examination Council Financial Statements as of and for the Years Ended December 31, 2016 and 2015, and Independent Auditors' Reports
  552,000 303,000 Travel 269,462 306,995 Other seminar expenses 56,740 49,326...735,000 (735,000) Increase (decrease) in liabilities: Accounts payable
  URL: https://oig.federalreserve.gov/reports/board-ff...
• Federal Financial Institutions Examination Council Financial Statements as of and for the Years Ended December 31, 2015 and 2014, and Independent Auditors' Reports
  735,000 - Total current assets 2,628,727 1,523,331 NONCURRENT ASSETS: ...303,000 245,000 Travel 306,995 512,824 Other seminar expenses 49,326 55,455
  URL: https://oig.federalreserve.gov/reports/board-ff...
• Bankers and Attorney Convicted of Fraud, False Statements, and Making a False Claim Against the United States
  $3,000,000 secured loan with RBC Bank (USA), which was secured by 100%...$3,750,000 loan from central Florida-based CenterState Bank. Based on
  URL: https://oig.federalreserve.gov/releases/News-Ba...