COLUMBIA — A former Columbia loan officer was sentenced to 15 months in federal prison without parole and ordered to pay restitution of $748,866 Tuesday for his part in a bank fraud scheme, according to a news release from the U.S. Attorney’s Office of the Western District of Missouri. The government estimates the scheme cost Boone National Savings and Loan Association more than $740,000, the release said.
Former Columbia loan officer sentenced to 15 months of prison time for fraud scheme
To read the full article, please sign up or login.
Get full access to the Columbia Missourian on your computer, phone, and tablet for just $5.95 per month.
* All the high-quality, in-depth journalism of the Columbia Missourian and Vox Magazine, updated 24/7
* Your news. Your device. Your time.
If you'd like to read more about the value of being a member, read this column from the Missourian's executive editor, Tom Warhover.