![]() Lee faces a maximum penalty of 30 years in prison. Lee is currently scheduled to appear for sentencing before Chief Judge Karen K. The United States was represented at trial by Assistant United States Attorneys Kathryn Anderson and Paul McCaffrey. Duncan, Jr., United States Attorney for the Eastern District of Kentucky Joseph Moriarty, Federal Deposit Insurance Corporation, Office of Inspector General and Amy Hess, Special Agent in Charge, Federal Bureau of Investigation, jointly announced the verdict. Prior to trial, Fannin had pleaded guilty to conspiracy to commit bank fraud. BB&T lost more than $248,000 as a result of Lee’s fraudulent conduct. Of the $250,000 gained through this scheme, Fannin spent at least $120,000 at casinos in the area. Lee then had this loan again extended, in July 2015, just two months before he resigned from BB&T. Almost all of this money actually went to Fannin. Then, in January 2015, Lee had documents prepared, which he again had Chelsea Stone sign, to get a new loan that would pay off the November 2014 loan and pay out an additional $149,212.50. In November 2014, Lee had more documents prepared, which he also had Chelsea Stone sign, to get a new loan to pay off Stone’s outstanding $100,000 obligation. The BB&T check issued for the loan was deposited into Paul Fannin’s bank account. Lee misrepresented to BB&T that the loan was intended to expand Stone’s embroidery business however, Stone owned no such business. Rather than follow BB&T’s protocols, Brent Lee suggested to Fannin that they use Chelsea Stone to get a new loan from BB&T, the proceeds of which would go directly to Fannin.Īdditionally, in October 2014, Lee had Stone sign numerous documents to obtain a commercial loan from BB&T, in the amount of $100,000. When BB&T officials became concerned with the pace of progress on the project, compared with the amount of loan funds dispersed, BB&T downgraded the loan and required that Lee and Fannin follow certain protocols and procedures designed to keep a closer watch on the project before releasing more money to Fannin. Fannin, who was one of Lee’s major clients, had an outstanding loan with BB&T for $950,000, for developing an 8-unit townhome project called Stone Crest Properties. Fannin, 49, a residential developer from Van Lear, and Chelsea Stone, 25, Fannin’s daughter residing in Georgetown, to commit bank fraud. The evidence established that Lee, while a Market President for BB&T, conspired with Paul D. The jury returned its verdict after a 3-day trial. Lee, 41, of Pike County, Ky., was convicted by a federal jury yesterday, of conspiracy to commit bank fraud, two counts of aiding and abetting bank fraud, two counts of misapplication of bank moneys by a bank employee, and four counts of making unauthorized obligations by a bank employee. After-all, it's free and hopefully you don't break any laws or you'll be a local West Virginia busted jailbird.PIKEVILLE, Ky. ![]() We hear that it's good luck and may help you stay out of jail in West Virginia. If you happen to visit Charleston,West Virginia make sure to look for Cardinal in the Sugar Maple while you say their state motto "Montani semper liberi (Mountaineers are always free)". The following is a list of the 56 West Virginia facilities that we have booking reports for: Of these 55 counties West Virginia Arre.st, AKA WVJails info, tracks booking information for 56 facilities and currently, as of Today (8), West Virginia Arre.st has 425,376 WV inmate booking records archived. West Virginia, also known as Mountain State, has 55 counties. We also created a Mugshot Search for ease of use. While traditionally frowned upon in the SEO world we believe the 'mega-site' format to be the easiest for our user base. The West Virginia mugshots section can be found at West Virginia Arre.st. We have consolidated our United States Jail roster websites into 1 'mega-site' called Arrest.
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