Nike Uptempo Max

Nike Uptempo Max

Centennial, through Traxler and others acting at his direction or in concert with him, made misrepresentations to lenders about the status of existing mortgage loans to induce them to advance additional funds, according to the Department of Justice. The company also concealed from lenders existing mortgage loan defaults, refrained from disclosing that the company had secured double funding for 23 mortgage loans and wrote checks between Centennial accounts at different banks in an effort to inflate account balances and thereby allow checks to clear that would have otherwise bounced.

Traxler was charged in September 2011 and pleaded guilty on Oct. 27. In his plea agreement, Nike Uptempo Max Traxler, an accountant, admitted that from 2007 through 2008 he fraudulently aided and abetted Centennial use of funds intended for mortgage loans to cover Centennial operating losses and to fund the company payroll and other expenses.

Nike Uptempo Max

Nike Uptempo Max

from one of the lines of credit it held with two different banks. Once the advance was approved, and funds were deposited into an account that Centennial used to fund mortgage loans, Traxler knew that Centennial, instead, used the money to cover Nike Air Zoom Vis Uptempo

District Nike Air More Uptempo Footlocker

Nike Uptempo Max

Nike Uptempo Max

Nike Uptempo Max

Nike Uptempo Max

Accountant convicted in bank fraud case

Nike Uptempo Max

Joseph W. Traxler was also ordered to pay million in restitution by United States District Court Judge David S. Doty.

Court to 60 months in prison on one count of aiding and abetting bank fraud.

Nike Uptempo Max

Specifically, when a homebuyer applied to Centennial for a mortgage loan, Centennial requested an advance Nike Uptempo Footlocker

Nike Uptempo Max

operating losses, according to the Department of Justice.

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