Ex-Pierce Commercial Bank VP pleads guilty to loan-fraud charges - Bellingham Herald

[FraudNews]

table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH4cRn-pcRQ4qIAaGRunM1G4xmuQgamp;url=http://www.bellinghamherald.com/2012/09/18/2696588/ex-pierce-commercial-bank-vp-pleads.htmlimg src=//nt1.ggpht.com/news/tbn/MRXB8UtlcKrLqM/0.jpg alt= border=1 width=80 height=80 /br /font size=-2Bellingham Herald/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH4cRn-pcRQ4qIAaGRunM1G4xmuQgamp;url=http://www.bellinghamherald.com/2012/09/18/2696588/ex-pierce-commercial-bank-vp-pleads.htmlbEx-Pierce Commercial Bank VP pleads guilty to loan-bfraud/b charges/b/abr /font size=-1bfont color=#6f6f6fBellingham Herald/font/b/fontbr /font size=-1Charges: Thirty separate federal charges including submitting false statements on loan applications, mail bfraud/b, wire bfraud/b, bank embezzlement and money laundering. Backstory: During the mortgage boom from 2006 through 2008, Portmann became one of b.../b/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGKp32kUe3RldUAdrm9PN Vmv6K1dQamp;url=http://www.seattlepi.com/local/article/Disgraced-Tacoma-banking-leader-admits-to-fraud-3875070.phpDisgraced Tacoma banking leader admits to bfraud/b/afont size=-1 color=#6f6f6fnobrSeattle Post Intelligencer/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEdWPIPnsHRclKj3kCA21 n5fCIbZQamp;url=http://www.sacbee.com/2012/09/18/4832414/pierce-commercial-bank-vp-pleads.htmlPierce Commercial Bank VP pleads guilty to bfraud/b/afont size=-1 color=#6f6f6fnobrSacramento Bee/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGsOFzinfRzStqI193i6K vqby_8swamp;url=http://www.bizjournals.com/seattle/morning_call/2012/09/former-pierce-commercial-vp-pleads.htmlFormer Pierce Commercial VP pleads guilty to bfraud/b/afont size=-1 color=#6f6f6fnobrBizjournals.com/nobr/font/fontbr /font size=-1 class=pa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGjLXkHxXI81nqePozP_K uPzS7Ovwamp;url=http://articles.orlandosentinel.com/2012-09-18/news/kcpq-former-exec-of-defunct-washingtonbased-bank-pleads-guilty-to-mortgage-fraud-scheme-20120918_1_mortgage-fraud-scheme-million-in-loan-proceeds-loan-filesnobrOrlando Sentinel/nobr/a/fontbr /font class=p size=-1a class=p href=http://news.google.co.za/news/more?pz=1amp;ned=en_zaamp;ncl=d3ZJX4mdQsQtcqMouxGB oCTD_BrCMnobrball 29 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table

More... (http://news.google.com/news/url?sa=tfd=Rusg=AFQjCNH4cRn-pcRQ4qIAaGRunM1G4xmuQgurl=http://www.bellinghamherald.com/2012/09/18/2696588/ex-pierce-commercial-bank-vp-pleads.html)