KOLNKGIN - News - Headlines

Omaha Banker Gets 16 Months in Prison for Fraud

By: Associated Press
Posted: Wed 6:52 AM, Sep 05, 2012

An Omaha banker has been given 16 months in prison for mail fraud.

Michael Breault pleaded guilty in April to one count. He was sentenced last week in federal court.

Breault was vice president and director of Charter West National Bank when the fraud occurred between March 2005 and September 2009.

Authorities say Breault applied for nearly $600,000 in loans using names of people without their permission by forging signatures.

Prosecutors say Breault has already made restitution of $206,000 to the bank, and he's been ordered to make addition restitution of more than $38,000 to Kingswood Athletic Association.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

Special Features

Hot Button
What's hot on 10/11 news
Lance's Journal
Inspirational and intriguing stories
Star City Buzz
Find out what's happening around Lincoln!
Health tips and stories
Big Bonus Bucks
1/2 price gift certificates!
NBA Scholarship
Nebraska Broadcasters Association scholarship program
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Gray Television, Inc. - Copyright © 2002-2013 - Designed by Gray Digital Media - Powered by Clickability
User Agent: CCBot/2.0 - 168590506