Noah Bank CEO Indicted on Bribery, Fraud Charges

The U.S. Attorney’s Office arrested Edward Shin, the CEO of Noah Bank, for allegedly taking bribes in connection with the bank’s issuance of loans and causing the bank to issue loans to companies in which he had a secret interest

GE Capital Takes $26MM Loss in Trucking Company Fraud

Three former executives with USA Dry Van have been arrested and indicted by the FBI in an alleged scheme to defraud GE Capital. According to the indictment, the actual loss to GE was more than $26 million.