Bank Exec at fraud trial states she was in too deep
April 12, 2011
Total Loss:
$2 Billion
A bank executive testified Thursday that she "was in too deep" as she explained to jurors how she left an overdraft of a few million dollars in 2002 grow to become the centerpiece of a $2 billion fraud scheme that by 2009 caused the sixth biggest bank collapse in U.S. history.
Source:
NY Times Union
Posted in:
Internal Fraud