TITLE

Banker who wreaked havoc fesses up to felony charge

AUTHOR(S)
Andrews, Greg
PUB. DATE
July 2010
SOURCE
Indianapolis Business Journal;7/19/2010, Vol. 31 Issue 20, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the guilty plea of Rob Tolle, executive vice president of Indianapolis, Indiana-based Old National Bancorp, on one felony count of creating a false bank entry. He says that he creates a fake project-inspection report to prevent the bank from reviewing a 2.8 million dollars real estate loan. The charge carries a maximum sentence of 30 years in prison and a fine worth one million dollars. For accepting the responsibility, Tolle receives credit under sentencing guidelines.
ACCESSION #
52956947

 

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