March 22, 2012
A former bank executive in Harrisonburg has been sentenced to four years and nine months in prison for fraudulently obtaining nearly $2 million in loans under his mother's name.
The U.S. Attorney's office says 60-year-old Russell Kinnard Henry Jr. was sentenced Wednesday in federal court. Henry pleaded guilty in November to bank fraud, embezzlement by a bank officer and making false statements for the purpose of influencing a financial institution.
Henry is a former executive and senior vice president with FNB Southeast, which provides banking services in North Carolina and Virginia.
Henry admitted fraudulently obtaining the loans to pay his mortgage and real estate taxes, and to buy a vehicle, Coca Cola memorabilia and Petro signs.
The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.
As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.
If you have any ideas to improve the conversation or this section let us know. Send an e-mail to firstname.lastname@example.org.
powered by Disqus