The requested resource (/media/wgvu/header/pb/header.html) is not available
Last updated 7:34PM ET
March 3, 2021
Search NewsRoom
Search NewsRoom
go
Advanced Search
Tools
Tools
Local/State News
Local/State News
Loan Fraud
(2007-10-24)
(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.

© Copyright 2021, wgvu