Ex-Integrity Bank Execs Hit With Fraud Charges

Law360, New York (May 7, 2010, 6:19 PM EDT) -- A federal judge on Friday unsealed bribery, conspiracy, and bank and securities fraud charges against a former Integrity Bank executive vice president over $80 million in loans handed over to a hotel operator, as well as securities fraud charges against a second former bank executive.

According to the indictment in the U.S. District Court for the Northern District of Georgia, Douglas Ballard, a former vice president at Integrity, helped steer the loans to Guy Mitchell, a hotel developer, who was hit with similar charges. The faulty...
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