Loan Fraud USA (wgvu) - DETROIT (AP) - A former Detroit-area bank official has been
sentenced to two years in prison for her role in defrauding the
Small Business Administration.
The U.S. attorney's office says Deborah Lazenby also was given
five years of supervised release and ordered to pay nearly $4
million in restitution.
The 49-year-old Canton Township resident and former assistant
vice president of Huntington National Bank had pleaded guilty to
conspiracy and misapplication of bank funds.
Prosecutors say she conspired with a former Business Loan
Express LLC executive to fraudulently qualify loan applicants for
the SBA loans.
She was sentenced on Tuesday in federal court.

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