3 ex-bankers in Dallas plead guilty to $1.2M expenses scam
DALLAS (AP) - Prosecutors say a third former bank executive in Texas has pleaded guilty in a $1.2 million expense reimbursement scam involving flights, lavish meals and limousines.
Nancy B. Parker pleaded guilty Tuesday to making false statements to the Federal Home Loan Bank in Dallas. She's a former chief information officer. The bank's ex-president, Terence C. Smith, pleaded guilty Friday to the same count.
Prosecutors say both conspired to lie about attending business conferences from 2009 to 2013 when they instead took personal trips to Florida, California and Nevada - then sought reimbursement.
Smith and Parker could get five-year prison terms and face restitution.
An ex-chief financial officer of the bank, Michael Sims, earlier pleaded guilty to misprision of a felony and faces up to three years behind bars.
Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Valley residents react to Supreme Court overturning Roe. V. Wade
Hidalgo County reports two coronavirus-related deaths, 1,159 cases of COVID-19
Cause of fire at Donna club under investigation
Edinburg man charged in delivery truck theft
City of McAllen seeking residents' input on 2040 comprehensive plan