Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, announced today that an Information was filed in U.S. District Court in Cleveland, Ohio, charging Patricia Lynn Davis-Boarman, age 52, of Mogadore, Ohio, with one count of Bank Fraud (Title 18, U.S.C., ยง 1344) in connection with a scheme to defraud Falls Savings Bank and North Akron Savings Bank, causing net losses to North Akron Savings Bank totaling approximately $143,466.86. The information charges that between 2001 and 2009, Davis-Boarman, while employed in management positions at Falls Savings Bank and North Akron Savings Bank, executed and attempted to execute a scheme and artifice to defraud said institutions by approving and obtaining loans in the names of various bank customers, without their knowledge or consent, and converting the loan proceeds to her own use.
FBI
