Former banker pleads guilty to $2 million check kiting fraud

Former O'Fallon bank exec pleads guilty to $2 million fraud - Chronicle Media

A former senior executive at the Bank of O’Fallon has pleaded guilty to defrauding the bank of nearly $2 million and cheating a Lebanon couple out of nearly half a million dollars from their retirement fund. Andrew Blassie, 69, of St. Louis, a former executive vice president of the bank, pleaded guilty to one count... The post Former O’Fallon bank exec pleads guilty to $2 million fraud appeared first on Chronicle Media.

Former banker pleads guilty to $2 million check kiting fraud

Andrew Blassie, a former senior executive at the Illinois-based Bank of O'Fallon, pleaded guilty to inflating bank accounts, defrauding retirees and abusing insider access, according to the Federal Deposit Insurance Corp. Office of the Inspector General.