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Four Iowans plead guilty in small business loan fraud scheme

Des Moines, IA (AP) Four Iowans have pleaded guilty to participating in a loan fraud scheme involving small businesses. Federal prosecutors announced Friday that three former executives of Valley Bank in Moline, Illinois, and the president of Vital Financial Services fraudulently obtained loan guarantees from the Small Business Administration on behalf of Valley Bank borrowers. The defendants knew the loans did not meet SBA's requirements for the loan guarantees. The defendants are Susan McLaughlin of Bettendorf; Michael Slater, of Clive; 43-year-old Andrew Erpelding and 70-year-old Larry Henson, both of Davenport. In all, the defendants successfully obtained guarantees on more than $9 million in loans and caused the SBA to lose more than $4.5 million. ....

United States , Des Moines , Susan Mclaughlin , Michael Slater , Andrew Erpelding , Larry Henson , Valley Bank , Vital Financial Services , Small Business Administration , Four Iowans ,

Justice Dept. announces guilty pleas connected to defunct bank in Quad Cities

Justice Dept. announces guilty pleas connected to defunct bank in Quad Cities
radioiowa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from radioiowa.com Daily Mail and Mail on Sunday newspapers.

United States , Pleasant Hill , Cedar Falls , Larry Henson , Us Small Business Administration , Valley Bank , Us Justice Department , Small Business Administration , Four Iowans , Business Administration , Quad Cities ,

Four Iowans To Complete In Paralympics In Tokyo Beginning This We

Four Iowans To Complete In Paralympics In Tokyo Beginning This We
kdat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kdat.com Daily Mail and Mail on Sunday newspapers.

University Of Northern Iowa , United States , Cedar Rapids , Council Bluffs , City Of , United Kingdom , Jessica Heims , Matt Stutzman , Josh Turek , Erin Kerkoff , Team United States , Four Iowans , Cedar Rapids Prairie , Wamac Conference , Wamac Female Track Athlete , Silver Medal , Team United Statesa , Photos From , First Modern Olympic Games ,

Four Iowans To Complete In Paralympics In Tokyo Beginning This We

Four Iowans To Complete In Paralympics In Tokyo Beginning This We
krna.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from krna.com Daily Mail and Mail on Sunday newspapers.

University Of Northern Iowa , United States , Cedar Rapids , Council Bluffs , City Of , United Kingdom , Jessica Heims , Matt Stutzman , Josh Turek , Erin Kerkoff , Team United States , Four Iowans , Cedar Rapids Prairie , Wamac Conference , Wamac Female Track Athlete , Silver Medal , Team United Statesa , Photos From , First Modern Olympic Games ,

Four Iowans To Complete In Paralympics In Tokyo Beginning This We

Four Iowans To Complete In Paralympics In Tokyo Beginning This We
kcrr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kcrr.com Daily Mail and Mail on Sunday newspapers.

University Of Northern Iowa , United States , Cedar Rapids , Council Bluffs , City Of , United Kingdom , Jessica Heims , Matt Stutzman , Josh Turek , Erin Kerkoff , Team United States , Four Iowans , Cedar Rapids Prairie , Wamac Conference , Wamac Female Track Athlete , Silver Medal , Team United Statesa , Photos From , First Modern Olympic Games ,