Banking Archives - Page 4 of 4

Governor Hogan announces financial relief initiatives for Marylanders, small businesses [VIDEO]

Posted on April 3, 2020 by Chris Montcalmo

BALTIMORE, MD—In collaboration with Maryland’s financial institutions, Governor Larry Hogan on Friday issued an Executive Order and announced a series of financial relief initiatives to provide assistance to millions of consumers and small businesses who are facing economic hardships due to COVID-19. “As our state responds to this deadly public health emergency, Marylanders should not be worried about losing their […]

Governor Hogan prohibits mortgage lenders from initiating foreclosure process during COVID-19 pandemic

Posted on April 3, 2020 by Chris Montcalmo

UPDATE: Click here for a full summary and video from Governor Hogan’s Friday press conference. Original story below… —— ANNAPOLIS, MD—Governor Larry Hogan held a press conference on Friday afternoon outlining additional steps the state of Maryland would take to assist Maryland residents during the coronavirus pandemic. Governor Hogan is issuing an emergency order to provide additional and immediate financial […]

Former VP of Md. bank sentenced to 3 years in prison

Posted on May 13, 2017 by Chris Montcalmo

A Nottingham woman was sentenced to three years in prison on Friday in connection with wire fraud and bank embezzlement charges. U.S. District Judge Richard D. Bennett sentenced Melissa Strohman, 54, to three years in prison, followed by three years of supervised release, for a six-year scheme to steal over $1.8 million from bank customers at Hopkins Federal Savings Bank, […]

Former VP of Md. bank admits to 6-year scheme to steal over $1.8M from customers

Posted on January 26, 2017 by Chris Montcalmo

UPDATE; 5/13/2017: Strohman has been sentenced to prison – details here. Original story below… —— A Nottingham woman pleaded pleaded guilty in federal court on Wednesday to wire fraud and bank embezzlement, arising from a six-year scheme to steal over $1.8 million from bank customers at the bank where she worked. According to her plea agreement, from April 2010 through […]

Nottingham woman charged with embezzlement, wire fraud

Posted on January 1, 2017 by Chris Montcalmo

UPDATE, 5/13/2017: Strohman has been sentenced to prison – details here. UPDATE, 1/26/2017: Strohman has pleaded guilty to the charges. She will be sentenced in May. Original story below… —— A Nottingham woman is facing federal charges of wire fraud and bank embezzlement, arising from a six-year scheme to steal over $1.8 million from bank customers at the bank where she […]