clear
Thursday July 30th, 2015 6:15AM

Former Ga bank executive pleads guilty in fraud

By The Associated Press
SAVANNAH, Ga. (AP) -- A former executive pleaded guilty in a fraud scheme that contributed to the failure of a Georgia bank three years ago.<br /> <br /> Authorities say 63-year-old Jay Patrick Gardner entered the plea in federal court in Savannah on Friday.<br /> <br /> Gardner was a vice president of the First National Bank of Savannah, which regulators shut down in June 2010.<br /> <br /> The Savannah Morning News ( http://bit.ly/1bp468z ) reports that Gardner admitted his involvement in a $74,000 loan which federal prosecutors say was part of a scheme to cover financial problems for a real estate developer.<br /> <br /> Gardner is one of seven former First National officers named in a 35-count indictment. He has agreed to cooperate with prosecutors.<br /> <br /> The six remaining defendants are set for trial Dec. 4. Each has pleaded not guilty.
© Copyright 2015 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Ethics laws set to take effect Jan. 1 in Georgia
After dominating much of the legislative session, a set of major ethics reforms is scheduled to take effect Jan. 1.
7:04PM ( 1 year ago )
Sex offender held in Hall County for failing to register
A 47-year-old man was booked into the Hall County Jail Tuesday, being held without bond for allegedly failing to register as a sex offender, his second such arrest.
6:09PM ( 1 year ago )
Pharmacy robberies may involve same suspect
Oakwood Police Tuesday afternoon released details in a pharmacy robbery they're investigating, similar to one that happened in the Hall County Tuesday morning.
5:46PM ( 1 year ago )
Local/State News
S&P 500 index has its best year since 1997
The stock market closed out a record year with more all-time highs on Tuesday, giving U.S. indexes their biggest annual gains in almost two decades.
6:56PM ( 1 year ago )
Dems, GOP seek to define issue for 2014 elections
Ten months to next year's midterm elections, Democrats are determined to make Congress' slim production of fewer than 60 laws and plenty of incompletes - on immigration, gun control, tax reform and basic spending bills - a defining issue, heaping much of the blame on the GOP-led House for obstructing President Barack Obama's second-term agenda.
1:38PM ( 1 year ago )
US home price gains slow in October from September
U.S. home prices rose in October from the previous year at the fastest pace in almost eight years. But price gains slowed in most U.S. cities from September to October, suggesting the increases are leveling off.
1:33PM ( 1 year ago )
Business News
Senate poised to approve 3-month extension to highway bill
WASHINGTON (AP) — Facing a Friday deadline, the Senate is on track to shore up federal highway aid and veterans' health care, leaving a raft of unresolved issues for a jam-packed congressional agenda...
3:23AM ( 2 hours ago )
Asian stocks mixed after Fed leaves rates unchanged
BEIJING (AP) — Chinese stocks held steady Thursday following this week's turbulence while other Asian markets were mixed after the U.S. Federal Reserve left interest rates unchanged at a record low.KE...
12:52AM ( 5 hours ago )
Then & Now: Medicare and Medicaid turn 50
WASHINGTON (AP) — When President Lyndon B. Johnson signed Medicare and Medicaid into law on July 30, 1965, roughly half of Americans 65 and older had no health insurance."No longer will older American...
12:01AM ( 6 hours ago )
Planned Parenthood seeks fed study of fetal tissue research
WASHINGTON (AP) — Under fire for its role in providing fetal tissue for research, Planned Parenthood asked the government's top health scientists Wednesday to convene a panel of independent experts to...
8:57PM ( 9 hours ago )
Full service restored to Demorest water customers
A water outage in the Fairview community of Habersham County caused by storm-related damage Wednesday afternoon has been repaired and full service has been restored to the area.
By AccessWDUN Staff
8:47PM ( 9 hours ago )