The bank and credit card fraud trial of Rep. John Bowman, D-St. Louis, is scheduled to begin Monday, Feb. 4 in U. S. District Court in St. Louis, according to court documents filed Tuesday.
The ringleader of the scheme in which Bowman was allegedly involved, former Bank of America Vice President Robert Conner, was found guilty by a federal jury earlier this month. Conner is free on $65,000 bond while awaiting his sentencing, which is scheduled for Feb. 20.
Conner and Bowman were indicted in January by a federal grand jury, which said Bowman and his co-defendants agreed to a scheme in which Conner took a bank lending program which provided money to small businesses by offering a $25,000 credit limit. Conner then arranged with the other defendants to apply for the loans, often with fictitious companies, then give Conner kickbacks ranging from $2,500 to $5,000 on each loan.
According to the indictment, Conner approved $1,213,970 in fraudulent loans.
***
It's not too late to order a copy of The Turner Report book, a present for the Missouri political junkie. The book can be ordered at Amazon.com
No comments:
Post a Comment