A lawyer and two top executives allegedly made more than $5 million by defrauding the Stockbridge bank that employed them, prosecutors said today. Robert E. Maloney Jr., once in-house counsel for FirstCity Bank, is accused of conspiring with the bank’s president and senior loan officer to secure loans to borrowers who were buying property that one of them owned.
Acquitted of money laundering, Columbus attorney says case relied on fabricated evidence Budget balloons for buses in I-85 project by $87M Landfills want yard waste ban repealed Suit targets Alpha Bank directors Former HealthSouth executive lectures on failings Ralston spots a lobbyist in his house Collateral damage and the race for insurance commissioner Atlanta board […]
Report: Georgia’s tax system hits poorest Bank regulators complicit in slow recovery Hartwell mayor-elect arrested on DUI charge Court of Appeals upholds immunity for ex-DA Hodges Attorneys criticize feds’ handling of Columbus money-laundering case Bridal shop owner found guilty, gets 30 days’ probation Fired White County manager may land SC job
A former Fort McPherson official was sentenced to federal prison today for taking bribes to steer $66 million in contracts to provide water to U.S. troops in Iraq. Richard E. Long, 63, of St. Augustine, Fla., was convicted in February of accepting $549,700 in bribes from Mack S. Smith to help Smith’s company win the Army’s business. Long got 17 1/2 years, while Smith, also convicted in February, got 12 1/2 years. I wasn’t there, but I can pass on the news release …