Posts Tagged ‘Top Bank Executive’

Top Bank Executive Sentenced to 8 Years in Prison for Fraud in TARP Bank Failure Case

A senior executive at a U.S. bank is actually going to prison for his actions following the financial crisis. Ebrahim Shabudin, the ex-chief credit officer for United Commercial Bank, was convicted of fraud for falsifying records to hide major loan losses from auditors and investors after the federal government stepped in to help […]

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