Springfield Man Pleads Guilty to Bank Fraud
June 23, 2010
Total Loss:
$17 Million
Sissaye Gezachew, 32, of Springfield, Virginia, pleaded guilty yesterday to using his position at United Bank to assist a conspirator who stole more than $17 million from the financial institution. In a statement of facts filed with his plea agreement, Gezachew assisted Osama El-Atari, who defrauded United Bank of more than $17 million in fraudulent loans from 2007 until 2009. Gezachew worked as an assistant vice president-senior credit analyst at United Bank during the time frame of the scheme.
Source:
FBI - Washington Field Office
Posted in:
Internal Fraud