Crocker Bank Fraud Plea

A former loan officer at the Bank of Crocker entered a guilty plea last week to stealing over $450,000 from the bank. The U.S. Attorney’s office for the Western District says 42-year old Troy Posten was a loan officer at the bank between 2004 and 2008. They say during that time he managed to get loans, lines of credit, and money from customers’ accounts without their knowledge or approval.