Posts tagged ‘palm beach county’

Fraudster

November 12th, 2009

Posted by Sandy Hutchens
The staff internal auditor for the bank frowned and said to the auditor-in-charge, “The Smith loan was $175,000, but the credit limit was $100,000. The file contained no explanation for granting a loan in excess of the credit limit. And the Jones loan for $150,000 was well within the borrower’s credit limit, [...]

Dawn Barnum admits she was “stupid and desperate” when she wrote a check for $3,200 to a company that cold-called her claiming they could help lower her monthly mortgage payment.
“I just needed to get control of it,” Barnum, 52, said Tuesday, adding that she was in over her head with a $2,169 monthly house bill. [...]