Former Orion Bank CEO Jerry Williams indicted on fraud charge
March 31, 2011
Total Loss:
$700, 000
Jerry Williams, the former top executive at Orion Bancorp Inc. and the failed Orion Bank, was charged with conspiracy to commit bank fraud.
A federal grand jury also accused Williams of misapplication of bank funds, mail fraud and wire fraud money laundering and other charges, according to a press statement from the U.S. Attorney for the Middle District of Florida.
Source:
Tampa Bay Business Journal
Posted in:
Internal Fraud
ACH and Wire Fraud