Search Results

• OIG: Former Bank of the Commonwealth Mortgage Lender Sentenced to 8 Years in Prison for Massive Fraud
  CEO and former Chairman of the Board of the Bank of the Commonwealth, ...company solely owned by his son, and then spent over $3 million to renovate
  URL: https://oig.federalreserve.gov/releases/pr-bank...
• OIG: Introduction - Board Report 2013-IE-B-002
  2013-IE-B-002 March 22, 2013 Review of the Failure of Bank of Whitman ...company. The bank's traditional business activities focused on agricultural
  URL: https://oig.federalreserve.gov/reports/board-fu...
• OIG: Professional Liability Claims Against Individuals and Entities - Board Report 2014-SR-B-011
  acquires a group of legal rights, titles, powers, and privileges, which...and/or PLU begin the process of determining whether or not a PLC is meritorious
  URL: https://oig.federalreserve.gov/reports/board-ac...
• OIG: Former President and CEO of Coastal Bank & Trust Sentenced for Bank Fraud Conspiracy and Obstruction
  2013. As CB&T's highest ranking executive, NORRIS was entrusted to oversee...2013, it was discovered that NORRIS had engaged in a scheme to defraud
  URL: https://oig.federalreserve.gov/releases/news-co...
• OIG: Former Bank CEO Sentenced to 18 Months for Obstructing an Examination by the Federal Reserve Board
  CEO and Chairman of Voyager Bank ("Voyager") and the President and CEO...Finance Agency, Office of Inspector General; and the Federal Bureau of
  URL: https://oig.federalreserve.gov/releases/news-ow...
• OIG: Former Bank of the Commonwealth Executive Sentenced to 17 Years in Prison for Massive Fraud
  financing from the Bank. Fields himself substantially benefited throughout...company car and other employment benefits. Moreover, one of the Bank's
  URL: https://oig.federalreserve.gov/releases/pr-bank...
• The Board Can Further Enhance the Design and Effectiveness of the FOMC's Investment and Trading Rules
  2023-SR-B-006 1 of 32 Evaluation Report 2023-SR-B-006 April 26, 2023 Board...2023-SR-B-006 2 of 32 Executive Summary, 2023-SR-B-006, April 26, 2023
  URL: https://oig.federalreserve.gov/reports/board-FO...
• Executive Summary: Material Loss Review of Heartland Tri-State Bank
  CEO), who initiated a series of wire transfers totaling about $47.1 million...Fund (DIF); to assess the Board's and FRB Kansas City's supervision of
  URL: https://oig.federalreserve.gov/reports/board-ma...
• OIG: Material Loss Review of Heartland Tri-State Bank - Board Report 2024-SR-B-004
  2023. The bank's failure cost the Deposit Insurance Fund an estimated ...CEO, who initiated wire transfers totaling about $47.1 million of the
  URL: https://oig.federalreserve.gov/reports/board-ma...
• OIG: 7 Former Bank Officers Sentenced in Loan-Fraud Scheme that Preceded Collapse of First National Bank of Savannah
  CEO of First National Bank, was sentenced to serve 42 months in prison...companies regulated by the Federal Reserve Board will be vigorously prosecuted
  URL: https://oig.federalreserve.gov/releases/7-bank-...