Former Colonial Bank Senior Vice President Sentenced to 8 Years in Prison for Fraud Scheme
Former Colonial Bank Senior Vice President Sentenced to 8 Years in Prison for Fraud Scheme
A former senior vice president and head of Colonial Bank’s Mortgage Warehouse Lending Division was sentenced today to eight years in prison for her role in a more than $2.9 billion fraud scheme that contributed to the failures of Colonial Bank and Taylor, Bean & Whitaker.