A month after Edward H. Gobbo got out of bankruptcy, Washington Federal Bank for Savings CEO John F. Gembara starting giving him millions more in loans, records show. When the bank went bust, Gobbo or his immediate family owed over $3.8 million on 27 residential loans, some years overdue.
A Park Ridge real estate developer has been convicted of participating in a conspiracy that embezzled millions of dollars from the failed Washington Federal Bank for Savings, the U.S. Attorney s Office for Northern Illinois announced Monday.
Two real estate developers were convicted last week of participating in a conspiracy that embezzled millions of dollars from the failed Washington Federal Bank for Savings in Chicago.
Afternoon Briefing: Washington Federal Bank fraud case leads to 2 more convictions chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
Homebuilders convicted as part of $31 million embezzlement scheme that led to collapse of Bridgeport bank yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.