Dec. 7, 2010 at 3:55 p.m.
Filed under:
Banking,
Investigations,
Updated
By Becky Yerak
First Security Trust & Savings Bank loan officer Jeffrey Gonsiewski, pleaded guilty in August to one count of federal bank fraud, was sentenced to 63 months in prison by U.S. District Judge Elaine Bucklo on Tuesday.
The U.S. Government last summer had accused the 56-year-old high school graduate of changing loan terms or arranging loans to be made in a scheme that ultimately caused the Elmwood Park-based lender, part of the Wirtz family empire, to lose more than $5.5 million. Get the full story »
Aug. 12, 2010 at 2:18 p.m.
Filed under:
Banking,
Criminal charges,
Fraud,
Updated
By Becky Yerak
Jeffrey Gonsiewski fancied himself sort of a modern-day Robin Hood at a time when consumers were becoming increasingly delinquent on their bank loans.
The former vice president at First Security Trust & Savings Bank — an Elmwood Park-based lender that’s part of the Wirtz family conglomerate — pleaded guilty on Wednesday to one count of federal bank fraud.
Jeffrey Gonsiewski, who was charged last month, admitted that he changed the terms of at least 100 loans for more than 50 customers to make it appear that their payments were current when in fact they were overdue. Get the full story »
