Lima man charged with falsely overstating assets to bank
Terry J. Ellis, 77, of Lima, was charged via criminal information with making a false report to a bank, said Justin E. Herdman, U.S. Attorney for the Northern District of Ohio.
Ellis in 2010 willfully and falsely overstated assets in relation to a line of credit. Ellis told JPMorgan Chase Bank that assets were approximately $2.3 million when in truth, as Ellis knew, the assets were approximately $1.9 million, according to the information.
If convicted, the
The investigating agency in this case is the
An
Mike Tobin
michael.tobin@usdoj.gov