Attorney pleads guilty to bank fraud

by Associated Press

Published: August 4,2010

Tags: attorney, banking and finance, courts, law, lawyers

GREENVILLE — Booneville attorney Thomas D. Keenum Sr. has pleaded guilty to bank fraud charges in U.S. District Court in Greenville.

The Northeast Mississippi Daily Journal reports Keenum entered the plea yesterday to one count.

Court records show Keenum faces up to 30 years in prison, no more than $1 million in fines and possible restitution.

Prosecutors say Keenum had local attorneys file title opinions that Keenum owed no money on 10.5 acres in Alcorn County. Prosecutors say Keenum used the fraudulent opinions to get new bank loans totaling more than $376,000 as he sought to get himself out of financial difficulties from 2005 until 2007.

The government says he borrowed from two banks in Mississippi and one in Alabama.

No sentencing date has been set.

[RSS Feed] [del.icio.us]



To sign up for Mississippi Business Daily Updates, click here.

POST A COMMENT

 

Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Still planning that summer vacation?

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

FOLLOW THE MBJ ON TWITTER

Top Posts & Pages

%d bloggers like this: