Friday, November 30, 2007

Jury finds former Bank of America vice president guilty in bank, credit card fraud case

A federal jury found former Bank of America Vice President Robert Conner guilty of bank and credit card fraud today. That leaves two defendants in the case, including Rep. John Bowman, D-St. Louis:

When Bank of America Vice President Robert Conner filed for bankruptcy in May 2005, he said he had $50 in his pocket and $2 in his accounts.

But in June, he cooked up a scam that allowed him to find and spend $235,000 cash in the next six months, including $20,000 for a Yukon Denali SUV for his wife, $30,000 for a Mustang GT for his girlfriend and a $25,000 Hummer H2 for himself, Assistant U.S. Attorney Matt Schelp said in court Friday.

Schelp called Conner a "financial predator," who got the cash under the table by giving dozens of unqualified people credit cards with $25,000 limits in exchange for kickbacks of up to $5,000.

On Friday evening, a jury convicted Conner of all 36 charges against him — 17 counts of bank fraud and 19 counts of unauthorized use of an access device — after a five-day trial in federal court in St. Louis.


Bowman's trial is tentatively scheduled for January.

2 comments:

Anonymous said...

do you know if anyon eles will go to trial with Bowman

Randy said...

According to the court records, he will be the only one on trial when his case comes up.