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Posts tagged "penalties"

Colorado loan officer avoids trial for bank fraud

A former loan officer at Colorado East Bank and Trust in Pueblo pleaded guilty to bank fraud and receiving kickbacks on March 24. According to reports, the man received around $60,000 in kickbacks from a high school friend during the time period from March 2009 to July 2011 for approving almost $1 million in various loans.

DUI charges for 2 drivers in 3-car wreck

Two drivers have been arrested in relation to a car crash that happened on Feb. 13 in Colorado Springs. According to reports, the accident occurred around 10 p.m. at the intersection of East Bijou Street and South Circle Drive. Three cars were involved in the crash. According to police, a blue Hyundai Elantra was going south on South Circle Drive. As the Elantra turned onto East Fountain Boulevard, it crashed into a Subaru Outback. A third car was hit by the Subaru as a result of the initial crash.

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