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Three Board Members of Failed Washington Federal Bank in Chicago Guilty of Falsifying Records and Obstructing Regulators

Three Board Members of Failed Washington Federal Bank in Chicago Guilty of Falsifying Records and Obstructing Regulators
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Former Chicago board members of failed Washington Federal Bank plead guilty in scheme

Three former board members of the failed Washington Federal Bank for Savings in Chicago have pleaded guilty to falsifying records and obstructing regulators.

Three directors charged in federal indictment alleging criminal conspiracies at failed Chicago bank

December 8, 2021 An ongoing federal investigation into the failure of Washington Federal Bank for Savings in Chicago has resulted in criminal charges against three former members of the bank’s Board of Directors who allegedly conspired to obstruct regulators and falsify bank records.

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