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Former SunTrust lender pleads guilty to bank fraud

December 16, 2010
Total Loss: $90,000

Brentwood resident Shawn Tidwell yesterday pleaded guilty to one count of bank fraud related to a fraudulent loan scheme he ran from February 2005 to February 2008. Tidwell, 41, is a former loan officer at SunTrust Bank and National Bank of Commerce. Following his plea, U.S. Attorney Jerry Martin said Tidwell faces up to 30 years’ imprisonment and a $1 million fine.

Source: Nashville Post
Posted in: Internal Fraud