Bank Manager Charged with Opening Credit Line in Another’s Name

Allison Tussey —  June 26, 2014 — Leave a comment

Erlanda Naranjo, 39, Nashville, Tennessee, was charged by Information with bank fraud for allegedly submitting a false application for a line of credit in the name of a relative.

According to the Information, while employed at a bank, the defendant submitted a false application for a business line of credit in the name of a relative. That relative neither owned a business nor authorized Naranjo to apply for credit in her name. The bank ultimately approved the application, and sustained a loss of more than $95,000, when the line of credit was charged up and not repaid.

If convicted the defendant faces a maximum possible sentence of 30 years in prison, a five-year period of supervised release, a $1,000,000 fine and a $100 special assessment.

United States Attorney Zane David Memeger announced the charges.

The case was investigated by the Federal Bureau of Investigation and is being prosecuted by Assistant United States Attorney Elizabeth Abrams.

 

Be Sociable, Share!

Allison Tussey

Posts Google+

No Comments

Be the first to start the conversation.

Leave a Reply

Text formatting is available via select HTML.

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong> 

*