Former President and CEO of Lindsay Bank Pleads Guilty to Bank Fraud
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Former president and CEO of Lindsay bank pleads guilty to bank fraud
WASHINGTON — Danny Seibel, the former president and Chief Executive Officer of the now-defunct First National Bank of Lindsay (FNBL), pleaded guilty May 6 to one count of bank fraud. Seibel, 55, of Lindsay, was an executive at FNBL from around February 2007 until his termination in September 2024.
Former banker enters plea
Danny Seibel, the former president and Chief Executive Officer of the now-defunct First National Bank of Lindsay (FNBL), has pleaded guilty to one count of bank fraud. According to court documents, Seibel, 55, of Lindsay was an executive at FNBL from in or around February 2007 until his termination in September 2024. Seibel caused FNBL to issue loans to certain customers, many of whom were his personal friends and neighbors, that the borrowers n…
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