David Saks: Nashville Assistant Bank Branch Manager Charged with Bank Fraud

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Nashville Assistant Bank Branch Manager Charged with Bank Fraud

Assistant Bank Branch Manager Charged with

Bank Fraud

U.S. Attorney’s Office June 25, 2014
  • Eastern District of Pennsylvania (215) 861-8200

Erlanda Naranjo, 39, of Nashville, Tennessee, was charged by Information, filed yesterday, with bank fraud, announced United States Attorney Zane David Memeger. According to the Information, while employed at a bank, the defendant submitted a false application for a business line of credit in the name of a relative. That relative neither owned a business nor authorized Naranjo to apply for credit in her name. The bank ultimately approved the application, and sustained a loss of more than $95,000, when the line of credit was charged up and not repaid.

If convicted the defendant faces a maximum possible sentence of 30 years in prison, a five-year period of supervised release, a $1,000,000 fine and a $100 special assessment.

The case was investigated by the Federal Bureau of Investigation and is being prosecuted by Assistant United States Attorney Elizabeth Abrams.

http://www.fbi.gov/philadelphia/press-releases/2014/assistant-bank-branch-manager-charged-with-bank-fraud?utm_campaign=email-Immediate&utm_medium=email&utm_source=fbi-in-the-news&utm_content=331653




David Saks



Time&Temp Memphis

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Comment balloon 0 commentsDavid Saks • June 26 2014 07:56AM

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