Federal Grand Jury Indicts Former D’Hanis State Bank President
In San Antonio today, a former D’Hanis State Bank (DSB) president surrendered to federal authorities on federal charges alleging she stole an estimated $6,500 from the bank and filed fraudulent bank regulating reports which overestimated the bank’s assets announced Acting United States Attorney Richard L. Durbin, Jr., Special Agent in Charge Christopher Combs of the FBI’s San Antonio Division and U.S. Secret Service Special Agent in Charge Lee Dotson.
The four–count indictment, returned on Wednesday, charges 54–year-old Laurie Mayfield (aka Laurie H. Scott) of Fredericksburg, TX, with one count of bank fraud and three counts of embezzlement by a bank employee. According to the indictment, from January 2012 until September 2014, Mayfield prepared and filed false Consolidated Reports of Condition and Income (aka “Call Reports) with federal and state bank regulators on behalf of DSB which overstated the assets of DSB by approximately $830,000. Those false reports were included in an approval package submitted to federal regulators by a holding company which owned DSB, as part of a bank acquisition process. Last September, the holding company that owned DSB was purchased by a separate entity which relied on the false DSB Call Reports in their decision-making process.
Each charge calls for up to 30 years in federal prison upon conviction.
During her initial appearance today in San Antonio, Mayfield was released on a $50,000 bond. Arraignment is scheduled for April 28, 2015, before U.S. Magistrate Judge Pamela Mathy.
The case resulted from a joint investigation by the Federal Bureau of Investigation, U.S. Secret Service, Federal Deposit Insurance Corporation (FDIC) and the Office of Inspector General for the Board of Governors of the Federal Reserve System—Consumer Financial Protection Bureau. This case is being prosecuted by Assistant United States Attorney Greg Surovic.
It is important to note that an indictment is merely a charge and should not be considered as evidence of guilt. The defendant is considered innocent until proven guilty in a court of law.