An American bank employee admitted to forging a loan application and handing over $50,000 to himself.
Ministry of Justice He says 38-year-old Jordan Andrew Hennessy was responsible for negotiating the counteroffer for his loan application at First Interstate Bank in Montana.
“His position allowed him to be on both sides of the deal, negotiating with himself. Once the $50,000 line of credit was funded, Hennessy transferred the Stillwater Group’s money from the joint account he had set up in his father’s name to his personal checking account.
Hennessy then used the money to finance several transactions with an Internet-based investment firm, eventually defaulting on a $50,000 line of credit.
The incident occurred on March 11, 2022, when Hennessy was working as a director of business relations.
Hennessy pleaded guilty to one count of bank fraud and faces up to 30 years in prison, a $1 million fine, five years of supervised release and a $100 special assessment.
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