S. Michael McColloch PLLC | White Collar Criminal Defense | Dallas, TX | Led Team of Lawyers Investigating Potential Complicity of Officers at Large Regional Bank
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Experience

Led Team of Lawyers Investigating Potential Complicity of Officers at Large Regional Bank


  • Led team of lawyers investigating potential complicity of officers at large regional bank in fraudulent conduct by major bank customer; the customer and associates were indicted for bank fraud in connection with a series of significant loans from client bank, with suspected assistance from bank lending officers; internal investigation revealed regulatory compliance issues but no provable complicity of bank or its personnel.
 
Result: Reported confidential findings to senior bank management; after communications with DOJ, no bank personnel ever targeted by federal prosecutors.