State Crime Reports

Two Former Will County Bank Officials Plead Guilty To Concealing Loan Delinquencies Of Two Customers

CHICAGO —(ENEWSPF)–December 8, 2014.  A former officer and a former director of a bank in Will County have pleaded guilty to federal charges for fraudulently creating false reports that made it appear that the bank’s loan portfolio was in better shape than it actually was.  The defendants together concealed delinquent loan payments on behalf of two customers whose multiple loans totaled approximately $2.8 million, and together caused the bank to lose more than $1.1 million,…

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