{"id":4671,"date":"2013-01-11T15:44:07","date_gmt":"2013-01-11T20:44:07","guid":{"rendered":"http:\/\/www.billdawers.com\/?p=4671"},"modified":"2013-01-11T16:41:46","modified_gmt":"2013-01-11T21:41:46","slug":"businessinsavannah-com-seven-officials-of-failed-bank-indicted-in-fraud-case","status":"publish","type":"post","link":"http:\/\/www.billdawers.com\/2013\/01\/11\/businessinsavannah-com-seven-officials-of-failed-bank-indicted-in-fraud-case\/","title":{"rendered":"BusinessInSavannah.com: Seven officials of failed bank indicted in fraud case"},"content":{"rendered":"\n<p><div class=\"e26b170012445c56d240655bdd03f7bf\" data-index=\"10\" style=\"float: right; margin:10px 0 10px 10px;\">\n<script async src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:300px;height:600px\"\r\n     data-ad-client=\"ca-pub-5595881567027133\"\r\n     data-ad-slot=\"8268618372\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<br \/>\nThe ongoing saga of the Georgia banking crisis continued today with indictments of seven people associated with the failed First National Bank of Savannah.<\/p>\n<p>From Business in Savannah&#8217;s <a href='http:\/\/businessinsavannah.com\/bis\/2013-01-11\/former-savannah-bank-president-six-others-indicted-fraud#.UPB4R-Sy8bA'>Former Savannah bank president, six others indicted for fraud | BusinessInSavannah.com<\/a>:<\/p>\n<blockquote><p>The former president and six other officers of First National Bank of Savannah were indicted by a federal grand jury, accused of defrauding First National Bank and other banks out of millions of dollars.  <\/p>\n<p>The long-running scheme allegedly contributed to the failure of First National Bank in 2010, which will cost the FDIC deposit-insurance fund more than $90 million, according to a press release from the Department of Justice&#8217;s Southern District of Georgia. <\/p><\/blockquote>\n<p>Click on through to the link if you&#8217;re interested in reading the names of those indicted today.<\/p>\n<p>The pace of bank failures fell dramatically in 2012, but it&#8217;s entirely possible &#8212; quite likely, in fact &#8212; that more Georgia banks will fail in 2013. <\/p>\n<p>And I&#8217;d say it&#8217;s very likely that we&#8217;ll see more indictments like these against bank officers around the state. <\/p>\n<p>Georgia has led the nation in bank failures since the housing bust. <\/p>\n<div class=\"e26b170012445c56d240655bdd03f7bf\" data-index=\"2\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<script async src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:300px;height:250px\"\r\n     data-ad-client=\"ca-pub-5595881567027133\"\r\n     data-ad-slot=\"4374909701\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The ongoing saga of the Georgia banking crisis continued today with indictments of seven people associated with the failed First National Bank of Savannah. From Business in Savannah&#8217;s Former Savannah bank president, six others indicted for fraud | BusinessInSavannah.com: The&hellip;<\/p>\n<p class=\"more-link-p\"><a class=\"more-link\" href=\"http:\/\/www.billdawers.com\/2013\/01\/11\/businessinsavannah-com-seven-officials-of-failed-bank-indicted-in-fraud-case\/\">Read more &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":4331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[4],"tags":[33],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.billdawers.com\/wp-content\/uploads\/2012\/12\/Screen-shot-2012-12-02-at-11.49.31-AM.png?fit=49%2C46","jetpack_shortlink":"https:\/\/wp.me\/p1gN9R-1dl","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/posts\/4671"}],"collection":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/comments?post=4671"}],"version-history":[{"count":0,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/posts\/4671\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/media\/4331"}],"wp:attachment":[{"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/media?parent=4671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/categories?post=4671"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.billdawers.com\/wp-json\/wp\/v2\/tags?post=4671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}