SALISBURY — An Eastern Shore woman now faces 30 years in prison after pleading guilty this week in U.S. District Court to bank fraud in connection with a scheme she carried out with her brother to obtain mortgage loans in the names of family members and using the proceeds for their own benefit.
According to the plea agreement, Jill Dail, 59, of Cambridge, was a loan settlement processor in the mortgage department of a Salisbury bank until she was terminated in June 2007 as part of a reduction in the bank’s workforce. Shortly thereafter, Dail was hired by the manager of the bank’s mortgage department to continue to do the same loan processing work she had performed as an employee of the bank.
The bank manager paid Dail out of his own funds and gave her full access to the bank premises, computer system and loan files. Dail continued to represent herself as a bank employee in her dealings with title companies and other businesses, according to the plea agreement reached this week.
More
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
3 comments:
Was this HSB? It sounds very familiar. I recall a recent case where the banks manager allowed his assistant to do basically the same thing. That assistant is now serving time in Federal Prison. It should not be a secret what bank this was. More info please!
Suntrust
he is rod flowers ... very unscrupulous ... multiple fore-closures in Florida while flipping properties. UNETHICAL PERSON!!!!!
Post a Comment