Three recent partnerships between the federal insurer of bank deposits and federal law enforcement have resulted in a conviction, forfeiture of funds and charges of conspiracy to defraud a bank, the agency said Wednesday.
In a release, the Federal Deposit Insurance Corp.’s (FDIC) Office of Inspector General (OIG) said it worked with U.S. Attorneys’ offices (and other OIGs and law enforcement) throughout the country to:
- Charge Jeffrey Dunlap, 44, of Slidell, La., and owner of Phoenix Civil Contractors, on May 14 with conspiracy to defraud First NBC Bank, a New Orleans-based bank that failed in April 2017, according to a release issued by the U.S. Department of Justice.
- Present the West Virginia State Police with nearly $1.1 million ($1,087,285) as a result of a civil forfeiture action relating to violations of the Bank Secrecy Act by First National Bank of Williamson (W.Va.), the DOJ said in a release May 14. The release also noted the bank agreed to forfeit $1.36 million to the United States, representing the sum of transactions uncovered.
- Obtain a conviction of Jack Weichman, 65, of Dyer, Ind., for bank fraud, concealment of assets during bankruptcy, wire fraud, and filing a false tax return. Weichman was sentenced to 96 months’ imprisonment and ordered to pay more than $4.1 million to his various victims in this case. The sentencing was announced by DOJ May 7.
Northshore Contractor Charged with Conspiracy to Defraud First NBC Bank