Name Title Conviction Date Victim Institution Status Program Targeted Victim Institution / Program Targeted Scope
Michael Primeau President; Lend America, Gateway Bank 06-30-2011 Gateway Bank Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of any consumer loan company for five years by the Washington Department of Financial Institutions for failing to file required annual reports and pay related fees.
Thomas T. Yu Vice President; United Commercial Bank 10-07-2014 UCBH INC Sentenced to 5 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Ordered by the FDIC to pay a civil monetary penalty of $25,000 and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, unsafe or unsound banking practices, and/or breaches of fiduciary duty. As a result of securities law violation charges by the SEC, a federal court prohibited further securities laws violations.
Sam Tuttle Vice President, Loan Officer; Pierce Commercial Bank (Subsidiary) 02-27-2017 Pierce Commercial Bank Sentenced to 1 day in prison, and 6 months home confinement. Convicted of violating 18 U.S.C. § 1344 Bank Fraud.
Nicholas Michael Bonacci Trader; Morgan Stanley & Co. LLC Investment funds, including entities using TARP dollars to trade on behalf of the federal government As a result of securities law violation charges by the SEC, a federal court ordered a civil penalty of $100,000 and banned further securities laws violations; also barred from acting as an employee, officer, director of any securities issuer for one year from the date of the order.
Robert A. Savitsky Attorney 03-27-2014 Gateway Bank, FSB Sentenced to 3 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Wilbur Tate III Assistant Vice President; U.S. Bank National Association 11-22-2013 U.S. Bank Sentenced to unconditional discharge. Ordered to pay $1,051,000 in restitution. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Joseph Tobin Vice President, Loan Officer; PBI Bank 02-03-2017 PBI Bank Sentenced to 2 years in prison and ordered to pay $185,001 in joint & several restitution; $2,101,095 forfeiture. Convicted of violating 18 U.S.C. § 1344 Bank Fraud.
James Ladio CEO, President; MidCoast Community Bank,
Chief Lending Officer; Artisan's Bank
12-17-2013 Wilmington Trust Company Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1956 Laundering of monetary instruments. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law and/or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Sean Cutting CEO, President, Director, Chief Lending Officer, Chief Administrative Officer; Sonoma Valley Bank 12-18-2017 Sonoma Valley Bank Sentenced to 8 years 4 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee; 18 U.S.C. § 1007 False Statements to FDIC; 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity. Banned from participating in the affairs of financial institutions by the FDIC and ordered to pay civil penalty of $10,000 for engaging or participating in violations, reckless unsafe or unsound banking practices, and breaches of fiduciary duty.
Adam Teague Senior Vice President; Appalachian Community Bank 08-22-2012 Appalachian Community Bank Sentenced to 5 years 10 months in prison and ordered to pay $5,840,517.98 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Ordered by the FDIC to pay a civil monetary penalty of $1,324,220 and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating reckless unsafe or unsound banking practices and/or breaches of fiduciary duty.
Jeanette Salsi Loan Underwriter; Pierce Commercial Bank (Subsidiary) 09-10-2012 Pierce Commercial Bank Sentenced to 7 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Jerry J. Williams CEO, President, Chairman; Orion Bank and Orion Bancorp, Inc. 02-03-2012 Orion Bank Sentenced to 6 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1001 Statements or entries generally. Banned from participating in the affairs of financial institutions by the Federal Reserve for engaging in violations of law, unsafe and unsound banking practices, and breaches of fiduciary duty.
Yoon Seok Lee Trader; Barclay's Capital Inc. Investment funds, including entities using TARP dollars to trade on behalf of the federal government As a result of securities fraud and securities law violation charges by the SEC, a federal court ordered a civil penalty of $200,000 and a banned further securities laws violations; also barred from association with any broker, dealer, investment adviser for one year from the date of the order.
Melvin Rohs Senior Vice President, Senior Loan Officer; Citizens Bank of Northern California 12-14-2010 Citizens Bank of Northern California Sentenced to 2 years 9 months in prison. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in unsafe or unsound banking practices and/or breaches of fiduciary duty.
Matthew Daniel Sweet Controller, Vice President; One Bank & Trust, N.A. 01-07-2015 One Bank & Trust Sentenced to 6 months home confinement, and 1 year probation. Convicted of violating 18 U.S.C. § 1956 Laundering of monetary instruments. Banned from participating in the affairs of financial institutions by the OCC for violations of law and engaging in unsafe or unsound banking practices.
Dale C. Ringgenberg Chief Financial Officer; Anchor Bancorp Wisconsin Anchor Bank As a result of securities fraud charges by the SEC, a federal court ordered a civil penalty of $75,000 and a prohibition from further securities laws violations.
Christopher Tumbaga Loan Officer; Colorado East Bank & Trust 03-24-2014 Colorado East Bank & Trust Sentenced to 3 years in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in unsafe and unsound banking practices and breaches of fiduciary duty.
Helene DeCillis Chief Operating Officer; Lend America 11-03-2011 Gateway Bank Sentenced to time served in prison and ordered to pay $49,307,759.70 in joint and several restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of any consumer loan company for five years by the Washington Department of Financial Institutions for failing to file required annual reports and pay related fees.
Charles Antonucci CEO, President; The Park Avenue Bank 10-08-2010 The Park Avenue Bank Sentenced to 2 years 6 months in prison and ordered to pay $54,581,163 in joint and several restitution. Convicted of violating 15 U.S.C. § 77 Unregistered Offer and Sale of Securities; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law and/or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Alice Lorraine Barney Assistant to Shawn Portmann; Pierce Commercial Bank (Subsidiary) 08-05-2011 Pierce Commercial Bank Sentenced to 2 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Jeffrey Levine Executive Vice President; Omni National Bank 01-14-2010 Omni National Bank Sentenced to 5 years in prison. Convicted of violating 18 U.S.C. § 1005 False Bank entries, reports, and transactions. Banned from participating in the affairs of financial institutions by the OCC for violations of law, engaging in unsafe or unsound banking practices, and breach of fiduciary duty.
Michael H. Ashley Vice President, Chief Business Strategist; Lend America 08-11-2011 Gateway Bank Sentenced to 5 years in prison and ordered to pay $49,307,759.84 in restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud.
John Cinderey Executive Vice President, Director; United Commercial Bank United Commercial Bank The Justice Department deferred prosecution for violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. As a result of securities law violation charges by the SEC, a federal court prohibited further securities laws violations. Ordered by the FDIC to pay a civil monetary penalty of $40,000 and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, unsafe or unsound banking practices, and breaches of fiduciary duty.
Lauren Tran Vice President; United Commercial Bank 06-05-2011 United Commercial Bank Guilty plea vacated due to cooperation. Charged with violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Ordered by the FDIC to pay a civil monetary penalty of $50,000 and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law and/or regulations, unsafe or unsound banking practices, and breaches of fiduciary duty. The FDIC subsequently dismissed this ban and monetary penalty.
Robert E. Maloney, Jr. In-house Counsel; FirstCity Bank 11-05-2012 FirstCity Bank Sentenced to 3 years 3 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
John J. Aesoph Auditor, KPMG TierOne Bank Aesoph consented to SEC's order finding that he engaged in improper professional conduct pursuant to Rule 102.
Patricia Torres Zavala Short Sales Specialist; Bank of America 10-17-2016 Bank of America Sentenced to probation and ordered to pay $910,329.63 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud.
Rodney Dunn Vice President; The Harbor Bank of Maryland 03-02-2017 The Harbor Bank of Maryland Sentenced to 2 months in prison. Convicted of violating 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
William R. Beamon, Jr. Vice President; Appalachian Community Bank 12-19-2014 Appalachian Community Bank Sentenced to 3 years 6 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Matthew Katke Managing Director, Trader; RBS Securities, Inc. 03-11-2015 Investment funds, including entities using TARP dollars to trade on behalf of the federal government Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Edward Woodard CEO, President, Chairman; Bank of the Commonwealth (Subsidiary) 05-24-2013 Bank of the Commonwealth Sentenced to 23 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. As a result of securities fraud and securities law violation charges by the SEC, a federal court prohibited further securities laws violations. Also banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust. FHFA suspended the defendant from Federal Home Loan Banking relationships.
Cynthia A. Sabol Chief Financial Officer; Bank of the Commonwealth Bank of the Commonwealth As a result of securities fraud and securities law violation charges by the SEC, a federal court ordered to pay a civil penalty of $55,000, prohibited further securities laws violations, and banned from acting for five years as an officer or director of any securities issuer. Also suspended from appearing or practicing before the SEC as an accountant for five years.
Frank Dinucci, Jr. Vice President; Nomura Securities International, Inc. 04-04-2017 Investment funds, including entities using TARP dollars to trade on behalf of the federal government Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Ed Rounds Loan Officer; Pierce Commercial Bank (Subsidiary) 03-23-2017 Pierce Commercial Bank Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of any consumer loan company by the Washington Department of Financial Institutions and ordered to surrender mortgage loan originator license.
Angela Crozier Loan Processor; Pierce Commercial Bank (Subsidiary) 04-03-2017 Pierce Commercial Bank Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Ordered to surrender mortgage loan originator license by the State of Washington Department of Financial Institutions.
Clayton A. Coe Vice President, Senior Commercial Loan Officer; FirstCity Bank 06-26-2012 FirstCity Bank Sentenced to 7 years 3 months in prison and ordered to pay $19,628,913 in joint and several restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 26 U.S.C. § 7206 Fraud and false statements. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Richard Colbert Attorney, Beach Community Bank 12-07-2016 GulfSouth Private Bank Sentenced to 3 years 4 months in prison. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Joseph Terranova Vice President, Loan Officer; Wilmington Trust Company 05-08-2013 Wilmington Trust Company Sentenced to 1 year 9 months in prison and ordered to pay a $15,000 fine. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Jeff H. Bell President; Transportation Alliance Bank Inc.,
Head of Factoring Division; Stearns Bank National Association
09-15-2015 Stearns Bank Sentenced to 2 years 6 months in prison. Convicted of violating 18 U.S.C. § 1005 False Bank entries, reports, and transactions. Ordered by the FDIC to pay a civil penalty of $100,000, and banned from participating in the affairs of financial institutions for engaging or participating in violations of law, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Brian Melland Chief Loan Officer, Senior Vice President; Sonoma Valley Bank 12-18-2017 Sonoma Valley Bank Sentenced to 8 years 4 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee; 18 U.S.C. § 1007 False Statements to FDIC; 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans; 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity. Ordered to pay a civil penalty of $2,500 by the FDIC and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, reckless unsafe or unsound banking practices, and breaches of fiduciary duty.
Gilbert Lundstrom CEO, Chairman; TierOne Bank 11-06-2015 TierOne Bank Sentenced to 11 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1348 Securities Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions. Ordered to pay a civil penalty of $500,921 by the SEC as a result of securities fraud charges by the SEC, and banned by a federal court from further securities laws violations.
Michael Gesimondo Collections Manager; Washington Mutual Bank 01-10-2014 Investment funds, including entities using TARP dollars to trade on behalf of the federal government Sentenced to 1 year probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law and/or regulation, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Michael Erickson Loan Officer; Southern Bank 10-09-2018 Southern Bank Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee.
Allen Reichman Executive Director of Investments; Oppenheimer and Company 02-20-2015 The Park Avenue Bank Sentenced to 1 year 9 months in prison and ordered to pay $10,000,000 in restitution. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from association with any FINRA member in any capacity by FINRA for failure to appear for testimony in a fraud investigation.
Jeremy Churchill Vice President, Commercial Loan Officer; Bank of the Commonwealth 05-09-2012 Bank of the Commonwealth Sentenced to 1 year home confinement, and 5 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Craig S. On Chief Financial Officer; United Commercial Bank 12-09-2014 United Commercial Bank Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Ordered by the FDIC to pay a civil penalty of $150,000 and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, reckless unsafe or unsound banking practices, and breaches of fiduciary duty. Prohibited by a federal court from violating the Securities Act of 1933 and the Securities Exchange Act, and ordered to pay a civil penalty of $150,000; the SEC brought the action.
Zulfikar Esmail CEO, Chairman; Premier Bank
President, Chairman; Premier Bancorp, Inc.
11-01-2016 Premier Bank Sentenced to 90 days of home confinement. Convicted of violating 720 ILCS 5/17-10.6(d) Loan Fraud Over $100,000. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, unsafe or unsound practices, and/or breaches of fiduciary duty.
Joe L. Price Chief Financial Officer; Bank of America Bank of America As a result of fraud charges by the State of New York, a state court ordered payment of $7,500,000, banned from participating in or working for any public company for eighteen months, and banned from committing fraud under state law.
Benjamin Solomon Supervisor, Deutsche Bank Securities Investment funds, including entities using TARP dollars to trade on behalf of the federal government As a result of securities law violation charges by the SEC, a federal court ordered a civil penalty of $165,000 and banned further securities laws violations; also barred from association with any broker, dealer, investment adviser for one year from the date of the order.
Timothy Murphy Executive Vice President; Excel Bank 01-11-2018 Excel Bank Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound practices, and/or breaches of fiduciary duty.
Braxton Sadler Senior Vice President, Senior Loan Officer; TN Bank 08-27-2014 TN Bank Sentenced to 2 years probation. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Brian Hartline CEO, President; NOVA Financial Holdings, Inc.
CEO, President; NOVA Bank
04-27-2016 NOVA Bank Sentenced to 1 year 2 months in prison. Convicted of violating 18 U.S.C. § 1031 Major Fraud against the United States; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1001 Statements or entries generally. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Jose Martins Loan Officer; Wells Fargo Bank 03-26-2014 Wells Fargo Bank

Sentenced to 1 year in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud.

Ataollah Aminpour Chief Marketing Officer; Mirae Bank 12-04-2017 Wilshire State Bank; Mirae Bank Sentenced to 5 years 10 months in prison and ordered to pay $7,519,084 in restitution. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts.
Reginald Harper CEO, President, Loan Officer; First Community Bank 04-26-2012 First Community Bank Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Benjamin Leske Loan Officer; Pierce Commercial Bank (Subsidiary) 05-19-2017 Pierce Commercial Bank Sentenced to time served in prison, and 1 month home confinement. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. Banned from participating in the affairs of any consumer loan company or mortgage broker by the State of Washington Department of Financial Institutions unless relicensed for making false statements on a loan application.
Robert Pennington Vice President; Citizens First National Bank 03-22-2016 Citizens First National Bank Sentenced to time served in prison and ordered to pay $55,000 in restitution. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. Ordered by the OCC to pay a civil monetary penalty of $5,000 and banned from participating in the affairs of financial institutions by the OCC for engaging in unsafe or unsound banking practices and breach of fiduciary duty.
Gary Patton Hall, Jr CEO, President; Tifton Banking Company 12-04-2015 Tifton Banking Company Sentenced to 7 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Peter W. Hayes Loan Officer; Wilmington Trust Company 11-13-2014 Wilmington Trust Company Sentenced to 1 year 3 months in prison. Convicted of violating 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans.
Michael Gramins Vice President, Executive Director; Nomura Securities International, Inc. 06-15-2017 Investment funds, including entities using TARP dollars to trade on behalf of the federal government Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Shamim Esmail Executive Vice President, Board Member, General Counsel, Secretary, Treasurer; Premier Bank
Board Member, Premier Bancorp, Inc.
11-01-2016 Premier Bank Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, unsafe or unsound practices, and/or breaches of fiduciary duty.
Samuel Cobb Vice President; GulfSouth Private Bank 02-27-2017 GulfSouth Private Bank Sentenced to 3 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 1344 Bank Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and breaches of fiduciary duty.
Sonja Lightfoot Senior Vice President of Residential Lending; Pierce Commercial Bank 09-21-2012 Pierce Commercial Bank Sentenced to 1 month in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust. Also ordered to surrender mortgage loan originator license by the State of Washington Department of Financial Institutions.
Lamar Cox Chief Operating Officer, Board Member; Tennessee Commerce Bancorp, Inc. Chief Operating Officer, Chief Administrative Officer, Interim Chief Financial Officer; Tennessee Commerce Bank 04-21-2017 Tennessee Commerce Bank Convicted of violating 18 U.S.C. § 1005 False Bank entries, reports, and transactions. Banned from participating in the affairs of financial institutions by the FDIC for unsafe or unsound banking practices. Sentencing vacated due to death.
Michael J. Willoughby Senior Executive Vice President, Chief Credit Officer; Regions Bank Regions Bank Ordered to pay a civil monetary penalty of $70,000 by the SEC and banned from further securities laws violations permanently, and from acting as an officer or director of any securities issuer for five years from the date of the Order. Also banned from participating in the affairs of financial institutions by the Federal Reserve for violations of law, engaging in unsafe and unsound practices, and breaches of fiduciary duty. FHFA suspended the defendant from Federal Home Loan Banking relationships.
Adam Siegel Managing Director, Senior Trader; RBS Securities Inc. 12-21-2015 Investment funds, including entities using TARP dollars to trade on behalf of the federal government Convicted, sentencing pending. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Phillip Allen Owen Branch Manager; Superior Bank (Subsidiary) 03-26-2014 Superior Bank Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud.
Kirk Marsh Vice President for Government Contract Lending; Virginia Commerce Bank Vice President; Fulton Bank 08-17-2017 Virginia Commerce BankFulton Bank Sentenced to 6 years 6 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1343 Wire Fraud; 18 U.S.C. § 1028 Fraud and related activity in connection with identification documents and information.
Chris Chiem Lee Manager; United Commercial Bank United Commercial Bank The Justice Department deferred prosecution for violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Darren M. Bennett Auditor, KPMG TierOne Bank Bennett consented to SEC's order finding that he engaged in improper professional conduct pursuant to Rule 102.
Poppi Metaxas Chief Executive Officer, President, Board Member; Gateway Bank 04-30-2015 Gateway Bank Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud.
Gary A. Rickenbach Director; OneFinancial Corporation
Senior Executive Vice President; One Bank & Trust, N.A.
11-23-2015 One Bank & Trust Sentenced to 2 years probation. Convicted of violating 18 U.S.C. § 4 Misprision of Felony.
Angel Guerzon Senior Vice President; Orion Bank 05-02-2011 Orion Bank Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve for engaging in violations of law, unsafe and unsound banking practices, and breaches of fiduciary duty.
David Gibson Executive Vice President, Chief Financial Officer; Wilmington Trust Company 05-03-2018 Wilmington Trust Company Sentenced to 6 years in prison and ordered to pay a $300,000 fine. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1350 Failure of corporate officers to certify financial reports; 15 U.S.C. § 78 Securities Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1348 Securities Fraud.
Ebrahim Shabudin Executive Vice President, Chief Operating Officer, Chief Credit Officer; United Commercial Bank 03-25-2015 United Commercial Bank Sentenced to 8 years 1 month in prison. Convicted of violating 15 U.S.C. § 78 Securities Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1348 Securities Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations, unsafe or unsound banking practices, and/or breaches of fiduciary duty. Prohibited by a federal court from acting as an officer or director of any issuer that is required to file reports to the SEC and violating the Securities Act of 1933 and the Securities Exchange Act, and ordered to pay a civil penalty of $175,000; the SEC brought the action.
Troy Brandon Woodard Vice President, Bank of the Commonwealth (Subsidiary) 05-24-2013 Bank of the Commonwealth Sentenced to 8 years in prison and ordered to pay $2,446,296.05 in joint and several restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Michael W. Yancey Senior Vice President; Farmers Bank & Trust, N.A. 06-25-2014 Farmers Bank & Trust Sentenced to time served. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Brian W. Harrison Vice President, Loan Officer; Farmers Bank & Trust 03-23-2015 Farmers Bank & Trust Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud.
Jeffrey Kuehr Executive Vice President; Regions Bank Regions Bank As a result of securities fraud charges by the SEC, a federal court ordered a civil penalty of $70,000 and a prohibition from acting as an officer or director of any securities issuer for a period of five years from the date of the Order and from further securities laws violations. Banned from participating in the affairs of financial institutions by the Federal Reserve due to failure to provide accurate, complete, and relevant information to examiners. FHFA suspended the defendant from Federal Home Loan Banking relationships.
Vivian Tat Branch Manager, Vice President; East West Bank 09-28-2018 East West Bank Sentenced to 2 years in prison. Convicted of violating 18 U.S.C. § 1956(h) Conspiracy to commit money laundering; 18 U.S.C. § 1005 False Bank entries, reports, and transactions.
Matthew L. Morris Senior Vice President; The Park Avenue Bank 10-17-2013 The Park Avenue Bank Sentenced to 1 year and one day in prison and ordered to pay $49,126,476 in joint and several restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Michael "Sean" Davis President; Premier Community Bank of the Emerald Coast 03-13-2015 GulfSouth Private Bank Sentenced to 1 year 3 months in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1956(h) Conspiracy to commit money laundering; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1957 Engaging in monetary transactions in property derived from unlawful activity. Banned from participating in the affairs of financial institutions by the FDIC for unsafe and unsound banking practices and breaches of fiduciary duty.
Paul Ryan Loan Officer; Broadway Federal Bank 07-07-2014 Broadway Federal Bank Sentenced to 1 year 6 months in prison. Convicted of violating 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans. Ordered to pay a civil penalty of $100,000 by the OTS and banned from participating in the affairs of financial institutions by the OTS for engaging or participating in violations of law or regulation, unsafe or unsound practices, and/or breach of fiduciary duty.
Justin T. Brough Senior Vice President; Bank of America 02-24-2015 Bank of America Sentenced to time served in prison and ordered to pay $6,468,767 in restitution. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. Banned from participating in the affairs of financial institutions by the OCC.
Catherine Kissick Senior Vice President, Assistant Treasurer; Colonial Bank 03-02-2011 Colonial Bank Sentenced to 8 years in prison and ordered to pay $500,622,007 in joint and several restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud. As a result of securities fraud charges by the SEC, a federal court prohibited further securities laws violations. Also banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty. FHFA suspended the defendant from Federal Home Loan Banking relationships.
Don A. Langford Chief Credit Officer, Senior Vice President; TierOne Bank 09-09-2014 TierOne Bank Sentenced to 1 year 9 months in prison. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. As a result of securities fraud charges by the SEC, a federal court prohibited further securities laws violations.
Candice White Senior Vice President; Front Range Bank 08-12-2015 Front Range Bank Sentenced to 3 months in prison. Convicted of violating 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee.
Brian D. Bailey Vice President, Loan Officer; Wilmington Trust Company 08-04-2014 Wilmington Trust Company Sentenced to 2 years 6 months in prison and ordered to pay a $15,000 fine. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States.
Darryl Woods CEO, Chief Financial Officer, Chairman; Mainstreet Bank
President, Chairman; Calvert Financial Corporation
08-26-2013 Main Street Bank Sentenced to 1 year home confinement, and 2 years probation. Convicted of violating 18 U.S.C. § 1018 Official Certificates or Writings. Banned from participating in the affairs of financial institutions by the Federal Reserve for engaging in violations of law.
Kenneth D. Lewis CEO; Bank of America Bank of America As a result of fraud charges by the State of New York, a state court ordered payment of $10,000,000, banned from participating in or working for any public company for three years, and banned from committing fraud under state law.
Shawn Leo Portmann Senior Vice President, Loan Officer; Pierce Commercial Bank (Subsidiary) 09-18-2012 Pierce Commercial Bank Sentenced to 10 years in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust. FHFA Suspended the defendant from Federal Home Loan Banking relationships.
Thomas A. Neely, Jr. Executive Vice President; Regions Bank Regions Bank Ordered to pay a civil monetary penalty of $100,000 and banned from participating in the affairs of financial institutions by the Federal Reserve for violations of law, engaging in unsafe and unsound practices, and breaches of fiduciary duty. Also ordered to pay a civil monetary penalty of $100,000 by the SEC and banned from further securities laws violations permanently and from acting as an officer or director of any securities issuer for five years from the date of the Order.
Kee Chan Head Trader, NOMURA Investment funds, including entities using TARP dollars to trade on behalf of the federal government As a result of securities fraud and securities law violation charges by the SEC, a federal court ordered Chan to pay $62,723 in disgorgement, a $150,000 penalty, and banned further securities laws violations; barred from association with any broker, dealer, investment adviser; barred from participating in any offering of a penny stock, with the right to reapply after three years.
Mark A. Conner Acting CEO, President, COO, Chairman, Vice Chairman; FirstCity Bank 10-21-2011 FirstCity Bank Sentenced to 12 years in prison. Convicted of violating 18 U.S.C. § 1623 False declarations before grand jury or court; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Anthony Atkins CEO, President; GulfSouth Private Bank 03-10-2017 GulfSouth Private Bank Sentenced to 5 years 3 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts; 18 U.S.C. § 1341 Mail Fraud; 18 U.S.C. § 1349 Conspiracy to Commit Fraud. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and breaches of fiduciary duty.
William B. North Chief Credit Officer; Wilmington Trust Company 05-03-2018 Wilmington Trust Company Sentenced to 4 years 6 months in prison and ordered to pay a $100,000 fine. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 15 U.S.C. § 78 Securities Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1348 Securities Fraud.
Kevyn N. Rakowski Controller; Wilmington Trust Company 05-03-2018 Wilmington Trust Company Sentenced to 3 years in prison. Convicted of violating 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 1001 Statements or entries generally; 15 U.S.C. § 78 Securities Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1348 Securities Fraud.
Craig Meyer Vice President, Principal, Loan Officer; Pierce Commercial Bank (Subsidiary) 01-19-2017 Pierce Commercial Bank Sentenced to time served in prison. Convicted of violating 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts.
Thomas Hebble Executive Vice President; Orion Bank 05-02-2011 Orion Bank Sentenced to 2 years 6 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve for engaging in violations of law, unsafe and unsound banking practices, and breaches of fiduciary duty.
Teresa Kelly Operations Supervisor; Colonial Bank 03-16-2011 Colonial Bank Sentenced to 3 months in prison and ordered to pay $500,524,882 in joint and several restitution. Convicted of violating 18 U.S.C. § 1344 Bank Fraud. As a result of securities fraud charges by the SEC, a federal court prohibited further securities laws violations. Also banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulations, unsafe or unsound banking practices, and/or breaches of fiduciary duty. .
Thomas Wu CEO; United Commercial Bank United Commercial Bank As a result of securities law violation charges by the SEC, a federal court ordered a civil penalty of $525,000 and a prohibition from further securities laws violations. Ordered by the FDIC to pay a civil monetary penalty of $10,000 and banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law, unsafe or unsound banking practices, or breaches of fiduciary duty.
Stephen Fields Executive Vice President, Senior Commercial Loan Officer; Bank of the Commonwealth (Subsidiary) 05-25-2013 Bank of the Commonwealth Sentenced to 17 years in prison. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee; 18 U.S.C. § 1014 Loan and credit applications generally, renewals and discounts. As a result of securities fraud and securities law violation charges by the SEC, a federal court prohibited further securities law violations. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Barry C. Bekkedam Former Chairman; NOVA Bank,
Former Chairman; NOVA Financial Holdings, Inc.
04-27-2016 NOVA Bank Sentenced to 11 months in prison. Convicted of violating 18 U.S.C. § 1031 Major Fraud against the United States; 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Karim Lawrence Vice President; Omni National Bank 01-05-2011 Omni National Bank Sentenced to 1 year 9 months in prison. Convicted of violating 18 U.S.C. § 215 Receipt of commissions or gifts for procuring loans. Banned from participating in the affairs of financial institutions by the OCC for violations of law, engaging in unsafe or unsound banking practices, and breach of fiduciary duty.
James A. Laphen Acting CEO, President, Chief Operating Officer; TierOne Bank 12-08-2014 TierOne Bank Sentenced to 2 years 10 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1001 Statements or entries generally. As a result of securities fraud charges by the SEC, a federal court ordered a civil penalty of $225,000 and a prohibition from further securities laws violations.
Robert V.A. Harra President, Chief Operating Officer, Head of Regional Banking; Wilmington Trust Company 05-03-2018 Wilmington Trust Company Sentenced to 6 years in prison and ordered to pay a $300,000 fine. Convicted of violating 18 U.S.C. § 1001 Statements or entries generally; 18 U.S.C. § 1005 False Bank entries, reports, and transactions; 15 U.S.C. § 78 Securities Fraud; 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States; 18 U.S.C. § 1348 Securities Fraud.
Carolyn Passey Vice President; Transportation Alliance Bank, Inc.
Operations Manager; Stearns Bank National Association
08-17-2015 Stearns Bank Sentenced to 2 years probation. Convicted of violating 18 U.S.C. § 1005 False Bank entries, reports, and transactions.
Tom M. Whitehead Chief Financial Officer, Executive Vice President; One Bank & Trust, N.A. One Bank & Trust Charges dismissed. Charged with violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Ordered by the OCC to pay $100,000 in restitution and banned from participating in the affairs of financial institutions for engaging in unsafe or unsound banking practices and breach of fiduciary duty.
Shaun Hayes Director, Vice Chairman, Majority Shareholder; Investors Financial Corporation of Pettis County, Inc.Consultant; Excel Bank 01-03-2018 Excel Bank Sentenced to 5 years 8 months in prison. Convicted of violating 18 U.S.C. § 1344 Bank Fraud; 18 U.S.C. § 656 Theft, embezzlement, or misapplication by bank officer or employee. Banned from participating in the affairs of financial institutions by the FDIC for engaging or participating in violations of law or regulation, unsafe or unsound banking practices, and/or breaches of fiduciary duty.
Adam Voelker Loan Processor; Pierce Commercial Bank (Subsidiary) 09-14-2012 Pierce Commercial Bank Sentenced to 2 months home confinement, and 3 years probation. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the Federal Reserve due to conviction of a crime involving dishonesty or breach of trust.
Saundra Torrence a/k/a Saundra Scales CEO, President; First Legacy Community Credit Union 09-14-2018 First Legacy Community Credit Union Sentenced to 6 months in prison. Convicted of violating 18 U.S.C. § 1006 False Entries.
Ricky Hajdik Loan Officer; Lone Star Bank 11-14-2016 Lone Star Bank Sentenced to 1 year 8 months in prison. Convicted of violating 18 U.S.C. § 371 Conspiracy to commit offense or to defraud United States. Banned from participating in the affairs of financial institutions by the FDIC for unsafe or unsound banking practices.
Tae H. Kim Relationship Manager; Citibank Relationship Manager; Wilmington Savings Fund Society, FSB 08-07-2017 Citibank WSFS Financial Corporation Sentenced to 1 year 6 months in prison and ordered to pay $2,459,150.97 in restitution. Convicted of violating 18 U.S.C. § 1349 Conspiracy to Commit Fraud
David F. Wong Trader; Barclay's Capital Inc. Investment funds, including entities using TARP dollars to trade on behalf of the federal government As a result of securities fraud and securities law violation charges by the SEC, a federal court ordered a civil penalty of $125,000 and banned further securities laws violations; also barred from association with any broker, dealer, investment adviser for one year from the date of the order.
Edwin Koon-Yu Chin Senior Trader; Goldman Sachs & Co. Investment funds, including entities using TARP dollars to trade on behalf of the federal government As a result of securities fraud and securities law violation charges by the SEC, a federal court ordered a civil payments of $400,000 and banned further securities laws violations, also barred from association with any broker, dealer, investment adviser; or serving as an employee, officer, director of any securities issuer indefinitely, with a right to reapply after two years.


1 -- The criminal convictions, civil judgments, and enforcement actions in the database occurred as result of SIGTARP investigations. Criminal defendants were prosecuted by the Justice Department and, in a small number of cases, state attorney generals. Civil judgments and enforcement actions were brought by the Justice Department, federal and state regulatory agencies, and state attorney generals based on wrongdoing investigated by SIGTARP.


2 -- Information is drawn from multiple sources, including federal and state judiciary case management, and electronic case files; civil enforcement filings; court-ordered monitors' reports; and other law enforcement agency press releases. As of September 30, 2019.


3 -- SIGTARP investigates violations of the law by insiders or outsiders at public financial institutions where Treasury became a securities investor in exchange for a TARP capital investment. We investigate violations of the law by any participant in a TARP program, including for example, those involved in mortgage-backed securities markets. We previously investigated illegal activity by insiders of financial institutions who unsuccessfully sought Treasury's investment through TARP.


4 -- Applied for but did not receive TARP funds.