Real Estate News
--> Missouri News
Mo. Businessman Cops To Bank-Busting Fraud Ahead Of Trial
Law360, New York (January 4, 2018, 9:00 PM EST) -- A Missouri real estate and banking businessman who was charged with defrauding a bank that he indirectly owned and causing it to fail while it was millions in debt to the federal government pled guilty on ...
Make sure you don't miss any Law360 breaking news.
Download our plug-in for Chrome to get customizable, real-time news alerts
ArticleID = 998959
MoBusinessman Cops To Bank-Busting Fraud Ahead Of Trial
By Jack Newsham
Law360, New York (January 4, 2018, 9:00 PM EST) -- A Missouri real estate and banking businessman who was charged with defrauding a bank that he indirectly owned and causing it to fail while it was millions in debt to the federal government pled guilty on Wednesday, just three weeks before he and another defendant were set to face a jury.Shaun RHayes, 58, was accused of using his control of Excel Bank to have loans issued that helped him and his associate Michael Litz pay off other debts while leaving Excel’s balance sheet in ruins....
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login
Add to Briefcase
Federal Deposit Insurance Corp.
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.
Listen To Our Latest
Greenberg Traurig Partner Named Interim SDNY US Attorney
Lead Attys Named For Massive Opioid MDL
A Look At The Sanction Dogging A Trump Judicial Nominee
New US Atty Temps Meet Colleagues' Praise, Senate Side-Eye
Trump's Judge-Vetting Under Scrutiny After Failed Nominees
Trending Missouri News:
Missouri patients on ventilators are leaving the state for care. Here’s why.
Mike Matheny loses court battle, could cost him millions
Missouri, Kansas fail to protect residents from preventable deaths, injuries, study says
Missouri may tap mortgage money to fill budget gaps
How Disney Put Its Magic Touch On Real Estate
Missouri Governor Admits to Affair Amid Blackmail Allegations
Naked people terrorize Missouri town, synthetic drug flakka suspected
Campaign Finance: Oh, like anyone is surprised?
CenturyLink to expand broadband in rural Missouri homes
All eyes on real estate in S&P stock launch
Recent Missouri Editorials
A Day in Hermann, Missouri
Thousands told to leave their homes near huge California dam
UPDATE: 7 Tornadoes Confirmed in SW MO Friday
As Rams owner eyes L.A. stadium, St. Louis readies pitch to keep team
A Missouri woman's greatest wish was to have her husband present for her child's birth. But he's stuck in Iraq.
Mumps cases at a 10-year high, colleges hard hit
MO House Approves Prescription Drug Monitoring Bill
Siri for Realtors? These 5 tech hacks want to shake up Austin real estate
Missouri storms damage nearly 500 homes, businesses