Friday, February 13, 2015

Former Tifton Banking CEO charged with bank fraud

Gary Patton Hall Jr., 49, of Tifton, Ga., was charged Feb. 12 for his role in a bank fraud scheme in which he is alleged to have hidden underperforming and at-risk loans from a bank and the Federal Deposit Insurance Corporation. According to the U.S. Department of Justice, Hall was the president and CEO of Tifton Banking Co. (TBC) from August 2005 until June 2010. During that time, Hall was allegedly engaged in a long running scheme to mislead the bank and its loan committee about loans TBC made…

No comments:

Post a Comment