Bank employee in northeastern Kentucky charged in $1 million forgery scheme
ASHLAND, Ky. (KT) – A bank executive in northeastern Kentucky is facing multiple charges after processing loans for more than $1 million to fake clients.
Martin Ross, 52, a senior vice president with Town Square Bank, is charged with forgery, possession of a forgery device, filing an illegal lien and theft of identity without consent.
An arrest citation said information was gathered from Town Square Bank in Ashland, that he had processed loans through the bank for several fictitious clients. Names were found to be fraudulent through dispatch and NCIC where the Social Security numbers and dates of birth belonged to other real Kentucky residents.
According to the citations, a search warrant was served at Ross' home and bank statements, deed and loan documents, IRS and tax returns were found in the names of the fictitious people identified by the bank.
Read more: http://kentuckytoday.com/stories/bank-employee-in-neky-charged-in-1-million-forgery-scheme,9106