Attorney pleads guilty to bank fraud
Published: August 4,2010
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.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- BILL CRAWFORD: Dan Jones not the angel he is portrayed to be
- DAVID DALLAS — Just how long can Dan stand?
- Cal-Maine income skyrockets as prices rise and costs shrink
- The Dan Jones-IHL saga: Is this the story that started it all?
- Analysis: Closed meetings can feed false public impressions
- Lawmakers move on bonds despite complaints from colleges and universities
- Business groups file briefs in support of Kemper coal plant rehearing
- Grain scandal takes its toll on Delta farmers
- DAVID DALLAS — From Dan and Dixie with love