PoliticalGraveyard.com
The Political Graveyard: A Database of American History
Politicians in Trouble or Disgrace

Politicians in Trouble or Disgrace: Bank Fraud
Unjustly obtaining money from or through a bank

See the trouble and disgrace main page, as well as the FAQ and the Political Graveyard privacy policy, for important explanations and disclaimers.

in chronological order

  Carl Adolphus Gottlieb Adae (1839-1915) — also known as Carl A. G. Adae — of Cincinnati, Hamilton County, Ohio. Born in Möckmühl, Germany, June 9, 1839. Republican. Served in the Union Army during the Civil War; Vice-Consul for Germany in Cincinnati, Ohio, 1871-77; president of the C. F. Adae & Co. bank; after the bank became insolvent in December 1878, he was arrested and charged with bank fraud, that is, accepting deposits knowing that the bank was about to fail; the case was referred to the grand jury, but no indictments resulted; insurance agent. German ancestry. Died in Brooklyn, Kings County, N.Y., January 26, 1915 (age 75 years, 231 days). Interment at The Evergreens Cemetery, Brooklyn, N.Y.
  Relatives: Son of Johann Mattheaus Adae (1814-1899) and Marie Friederika Luis (Schwarz) Adae (1817-1859); brother of Otto Phillipp Max Adae; married to Anna Moody Culbertson (1848-1922); nephew of Carl Friedrich Adae (1815-1868).
  Political family: Adae family of Cincinnati, Ohio.
  See also Find-A-Grave memorial
  Charles Henry Voorhis (1833-1896) — also known as Charles H. Voorhis — of New Jersey. Born in Spring Valley (now Paramus), Bergen County, N.J., March 13, 1833. Republican. Lawyer; banker; delegate to Republican National Convention from New Jersey, 1864; U.S. Representative from New Jersey 5th District, 1879-81. Indicted in 1881 for bank fraud over his actions as president of two banks, which later became insolvent; tried and found not guilty. Fearing oncoming total blindness, he died from a self-inflicted gunshot, in his office at the Davidson Building, Jersey City, Hudson County, N.J., April 15, 1896 (age 63 years, 33 days). Original interment at Bayview - New York Bay Cemetery, Jersey City, N.J.; reinterment at Hackensack Cemetery, Hackensack, N.J.
  See also congressional biography — Govtrack.us page — Wikipedia article — Find-A-Grave memorial
  Martin Reinberg (b. 1852) — of Cincinnati, Hamilton County, Ohio. Born in Tuckum, Russia (now Tukums, Latvia), June 20, 1852. Naturalized U.S. citizen; U.S. Vice Consul in Guayaquil, 1883-84; U.S. Vice Consul General in Guayaquil, 1884-1902; founded an export and banking company in Guayaquil, Martin Reinberg & Company; in 1901, the company became bankrupt, with debts over one million dollars; following an investigation, his arrest was ordered by Ecuadorian authorities, who suspected him of embezzlement or bank fraud; removed from his consular post. Jewish. Burial location unknown.
  Relatives: Son of Mendel Reinberg (1825-1900) and Paulina (Eder) Reinberg (1830-1911); brother of David S. Reinberg (1857?-?) and Isaac A. Reinberg.
  Political family: Reinberg family of Cincinnati, Ohio.
  Frederic Duncan MacMaster — also known as Frederic MacMaster — Served in the U.S. Army during the Spanish-American War; member of Theodore Roosevelt's "Rough Rider" regiment; U.S. Consul in Zanzibar, 1905-06; dismissed from his consular position in 1906 over multiple instances of misconduct, including the assault of police officers in a bar-room; en route to the U.S., he stopped in Nice, France, and obtained a bank loan by pretending to be U.S. Consul Harold S. Van Buren. Burial location unknown.
  Charles Hall Adams (1853-1938) — of Boston, Suffolk County, Mass. Born in Newton, Middlesex County, Mass., March 6, 1853. Lawyer; Consul for Liberia in Boston, Mass., 1885-94; Consul-General for Liberia in Boston, Mass., 1894-1907; Consul for Nicaragua in Boston, Mass., 1899-1907; Vice-Consul for Uruguay in Boston, Mass., 1905-07; in May 1909, he and another lawyer were charged with conspiring to obtain unclaimed deposits at Suffolk Savings Bank by inventing fictitious heirs; pleaded not guilty. Died in Brookline, Norfolk County, Mass., July 5, 1938 (age 85 years, 121 days). Interment at Newton Cemetery, Newton, Mass.
  Relatives: Son of Charles Benjamin Franklin Adams (1813-1873) and Sophia T. (Hall) Adams (1830-1904); married, May 5, 1880, to Mary Charlotte Trowbridge (1860-1944); third cousin of John Quincy Adams; third cousin once removed of Edgar Jacob Adams (1866-1944) and Francis Alexandre Adams; third cousin twice removed of Charles Adams, Jr..
  Political family: Kellogg-Seymour-Chapin-Adams family of Connecticut and New York (subset of the Three Thousand Related Politicians).
  See also Find-A-Grave memorial
  James Kemp Doughton, Sr. (1884-1973) — of Sparta, Alleghany County, N.C. Born in Alleghany County, N.C., May 18, 1884. Banker; farmer; member of North Carolina state house of representatives, 1948-57; Speaker of the North Carolina State House of Representatives, 1951-57. Methodist. Indicted for bank fraud in 1928; tried and acquitted. Died, of pneumonia, in a hospital at Sparta, Alleghany County, N.C., March 17, 1973 (age 88 years, 303 days). Interment at Shiloh Methodist Church Cemetery, Sparta, N.C.
  Relatives: Son of Rufus A. Doughton; nephew of Robert Lee Doughton (1863-1954).
  Political family: Doughton family of Sparta, North Carolina.
  Frank Frankel (1886-1975) — of Long Beach, Nassau County, Long Island, N.Y.; Houston, Harris County, Tex.; Beverly Hills, Los Angeles County, Calif. Born October 2, 1886. Mayor of Long Beach, N.Y., 1924, 1930-33; defeated, 1925 (Democratic primary), 1925 (Republican), 1929 (Democratic primary); founder of Long Beach Memorial Hospital indicted in September 1927 on charges of maintaining a gambling place; the charges were later dropped; in December 1929, his right to take office as mayor was unsuccessfully challenged by the Long Beach police chief, based on vote fraud (for which many had been arrested and prosecuted) and the expectation that Frankel would tolerate gambling in the city; indicted in January 1933 for fraud over his transfer of $90,000 in city funds to the Long Beach Trust Company, which subsequently closed; the indictment was dismissed in February; indicted again in May 1933, along with two city council members, over the diversion of $750,000 of state and county tax revenue to city projects; pleaded not guilty; no trial was held; the indictment was dismissed in 1937; oil producer. Died, in a hospital at Los Angeles, Los Angeles County, Calif., June 12, 1975 (age 88 years, 253 days). Interment somewhere in Houston, Tex.
  John L. Lotsch (1881-1967) — of Brooklyn, Kings County, N.Y.; Scranton, Lackawanna County, Pa. Born February 15, 1881. Republican. Lawyer; candidate for U.S. Representative from New York 6th District, 1928. Arrested and indicted in 1935 on federal charges of taking bribes while serving as a special master overseeing a patent case; the case was dismissed in 1936, but he was immediately reindicted on an extortion charge; that indictment was thrown out by the Court of Appeals. Charged in 1938, with other officials of a defunct Brooklyn bank, with conspiracy to violate federal banking laws by accepting fees for granting loans; tried and convicted on three counts; sentenced to serve one year in jail; also disbarred. Pleaded guilty in 1939 to charges that he bribed federal judge Martin T. Manton, and testified at the judge's bribery trial. Died in 1967 (age about 86 years). Burial location unknown.
  Melba Till Allen (1933-1989) — also known as Melba Till — of Hope Hull, Montgomery County, Ala.; Grady, Montgomery County, Ala.; Marbury, Autauga County, Ala. Born in Friendship Community, Butler County, Ala., March 3, 1933. Democrat. Alabama state auditor, 1967-75; candidate in primary for U.S. Senator from Alabama, 1972; Alabama state treasurer, 1975-78; Convicted in 1978 of using her position as state treasurer to obtain bank loans to build a theme park, and for failing to disclose her personal finances; she denied any wrongdoing; sentenced to six years in jail, but spent most of her sentence working as a bookkeeper in a retirement home. Female. Baptist. Member, Order of the Eastern Star. Died, of cancer, in Baptist Medical Center, Montgomery, Montgomery County, Ala., October 20, 1989 (age 56 years, 231 days). Burial location unknown.
  Relatives: Daughter of Samuel Ben Till and Gertrude (Johnson) Till; married, December 24, 1950, to Marvin E. Allen.
  R. Eugene Holley (c.1926-2000) — of Georgia. Born about 1926. Served in the U.S. Air Force during the Korean conflict; lawyer; member of Georgia state senate, 1965-77. In 1980, he was convicted of bank fraud and sentenced to ten years in prison (later reduced to three years); served 16 months. Suffered a heart attack, and died soon afterward, in Augusta, Richmond County, Ga., July 19, 2000 (age about 74 years). Interment at Westover Memorial Park, Augusta, Ga.
  Robert Bernerd Anderson (1910-1989) — also known as Robert B. Anderson — of Texas. Born in Burleson, Johnson County, Tex., June 4, 1910. School teacher; lawyer; member of Texas state house of representatives, 1932; Received the Medal of Freedom in 1955; U.S. Secretary of the Treasury, 1957-61. Methodist. Member, American Bar Association; Freemasons; Shriners; Phi Delta Phi; Order of the Coif. Pleaded guilty in 1987 to charges of evading taxes by illegally operating an offshore bank; sentenced to jail, house arrest, and probation; disbarred in 1988. Died, of complications from surgery on cancer of the esophagus, in New York Hospital, Manhattan, New York County, N.Y., August 14, 1989 (age 79 years, 71 days). Interment at Rosehill Cemetery, Cleburne, Tex.
  Relatives: Son of Robert Lee Anderson and Elizabeth Haskew "Lizzie" Anderson; married, April 10, 1935, to Ollie Mae Rawlins (died 1987).
  See also Wikipedia article — NNDB dossier — Find-A-Grave memorial
  Marvin Leon Warner (1919-2002) — also known as Marvin L. Warner — of Ohio. Born in Birmingham, Jefferson County, Ala., 1919. Major in the U.S. Army during World War II; U.S. Ambassador to Switzerland, 1977-79. One of 13 part-owners of the New York Yankees baseball team in 1973-75, and was also part owner of the Tampa Bay Buccaneers and Birmingham Stallions football teams. Horses he owned or bred competed in the Kentucky Derby. His first wife later married Albert Sabin, inventor of the oral polio vaccine. Head of the Cincinnati-based Home State Savings Bank when it collapsed in 1985, touching off a run on other Ohio banks. Convicted on fraud charges in 1987 and served 28 months in prison. Also charged in federal court, but acquitted. On a visit to witness a launch of the space shuttle Atlantis, suffered a heart attack and died, at Cape Canaveral, Brevard County, Fla., April 8, 2002 (age about 82 years). Interment at Lakeside Cemetery, Miami, Fla.
  See also U.S. State Dept career summary
  Jerry Cosentino (c.1932-1997) — of Palos Heights, Cook County, Ill. Born about 1932. Democrat. Illinois state treasurer, 1979-83, 1987-91; delegate to Democratic National Convention from Illinois, 1980; candidate for secretary of state of Illinois, 1982, 1990. Pleaded guilty to bank fraud in April 1992; fined $5,000, and sentenced to nine months home confinement. Died of a heart attack, in Naples, Collier County, Fla., April 3, 1997 (age about 65 years). Burial location unknown.
  Carl Christopher Perkins (b. 1954) — also known as Carl C. Perkins; Chris Perkins — of Leburn, Knott County, Ky. Born in Washington, D.C., August 6, 1954. Democrat. Member of Kentucky state house of representatives, 1981-84; U.S. Representative from Kentucky 7th District, 1985-93; minister. Baptist; later Presbyterian. Pleaded guilty in 1994 to bank fraud in connection with the House banking scandal; he wrote overdrafts totaling about $300,000 (covered by the House bank) and made false statements to obtain loans from commercial banks; also pleaded guilty to charges of filing false statements with the Federal Election Commission and false financial disclosure reports. Sentenced to 21 months in prison. In March 2000, pleaded guilty to criminal contempt of court for lying to a federal probation officer about his income. Still living as of 2014.
  Relatives: Son of Carl Dewey Perkins (1912-1984).
  See also congressional biography — Govtrack.us page — votes in Congress from the Washington Post — Wikipedia article — NNDB dossier
  Mary Rose Oakar (b. 1940) — of Cleveland, Cuyahoga County, Ohio; Washington, D.C. Born in Ohio, March 5, 1940. Democrat. U.S. Representative from Ohio 20th District, 1977-93; defeated, 1992; member, Rules Committee, Democratic National Convention, 2008. Female. She and two nephews were indicted in 1995 over a scheme to evade campaign finance limits and put money into her campaign under the names of fake donors; she was also charged with obtaining money through bad checks on the House bank; pleaded not guilty to seven felonies, and challenged the validity of the charges; in 1998, pleaded guilty to two misdemeanor campaign finance violations. Still living as of 2014.
  See also congressional biography — Govtrack.us page — votes in Congress from the Washington Post — NNDB dossier
  Jack Harvard (b. 1946) — of Plano, Collin County, Tex. Born October 23, 1946. Republican. Banker; mayor of Plano, Tex., 1982-90; candidate in primary for Texas state senate 2nd District, 1992. Indicted in August 1995, along with David B. McCall, Jr. and others, on federal bank fraud charges relating to $25 million in loans; pleaded guilty in September 1996 to one count of providing false information on one loan; sentenced to three years in prison. Still living as of 1996.
  John Fife Symington III (b. 1945) — also known as Fife Symington III — of Arizona. Born in New York, New York County, N.Y., August 12, 1945. Republican. Served in the U.S. Air Force during the Vietnam War; Governor of Arizona, 1991-97; resigned 1997. Episcopalian. Convicted on seven counts of bank fraud in federal court, September 3, 1997; forced to resign as governor; sentenced to prison and fined in February 1998; his conviction was overturned on appeal in June 1999; pardoned by President Bill Clinton in 2001. Still living as of 2017.
  Relatives: Son of John Fife Symington, Jr. and Martha Howard (Frick) Symington; great-grandson of Henry Clay Frick (1849-1919; coal and steel magnate); first cousin once removed of William Stuart Symington; second cousin of James Wadsworth Symington (1927-).
  Political families: Kellogg-Seymour-Chapin-Adams family of Connecticut and New York; Wolcott-Wadsworth family of Connecticut and Maryland; Whitney-Nye family of Massachusetts and New York; Hay-Morton-Turner-Wadsworth family of Taunton, Massachusetts (subsets of the Three Thousand Related Politicians).
  See also Wikipedia article — NNDB dossier
  Melvin Jay Reynolds (b. 1952) — also known as Mel Reynolds — of Illinois. Born in Mound Bayou, Bolivar County, Miss., January 8, 1952. Democrat. University professor; U.S. Representative from Illinois 2nd District, 1993-95; defeated in primary, 1988, 1990; resigned 1995. Baptist. African ancestry. Convicted in 1995 on sexual misconduct and obstruction of justice charges and sentenced to five years in prison. Convicted in federal court in 1997 of 15 counts of bank fraud, wire fraud, and lying to the Federal Election Commission; sentenced to 78 more months in prison. Still living as of 2014.
  See also congressional biography — Govtrack.us page — votes in Congress from the Washington Post — NNDB dossier
  Richard Joyner Holland, Sr. (1925-2000) — also known as Richard J. Holland, Sr. — of Windsor, Isle of Wight County, Va. Born in Suffolk, Va., August 12, 1925. Democrat. Served in the U.S. Navy during World War II; banker; member of Virginia state senate 15th District, 1980-2000; died in office 2000. Congregationalist. Acquitted of drunk driving in 1986, but convicted of reckless driving and refusal to take a breath test; indicted in federal court for 31 felony counts of bank fraud; charges were dismissed in April 1998, and the prosecution ruled to be vexatious; he and his son received a $570,000 reimbursement for legal fees. Died in Windsor, Isle of Wight County, Va., April 16, 2000 (age 74 years, 248 days). Interment at Windsor Cemetery, Windsor, Va.
  Relatives: Son of Shirley T. Holland (1900?-?).
  Charles Tyrone Courtney (b. 1952) — also known as Ty Courtney — of Spartanburg, Spartanburg County, S.C. Born in Spartanburg, Spartanburg County, S.C., January 4, 1952. Lawyer; municipal judge in South Carolina, 1981-82; member of South Carolina state senate, 1991-2000. Member, Freemasons; Shriners; Jaycees; Lions. Tried and convicted in June 2000 on federal charges of bank fraud, mail fraud, and making false statements in a loan application. Still living as of 2000.
  Fenton L. Bland, Jr. (b. 1962) — of Petersburg, Va. Born in Petersburg, Va., March 7, 1962. Democrat. Mortician; member of Virginia state house of delegates 63rd District, 2002-05; resigned 2005; alternate delegate to Democratic National Convention from Virginia, 2004; pleaded guilty, January 26, 2005 to one count of conspiracy to commit bank fraud; sentenced in April to 57 months in prison and ordered to pay $1.2 million in restitution; surrendered his funeral director's license rather than contest charges of ethical violations. Baptist. African ancestry. Member, Kappa Alpha Psi. Still living as of 2006.
"Enjoy the hospitable entertainment of a political graveyard."
Henry L. Clinton, Apollo Hall, New York City, February 3, 1872
The Political Graveyard

The Political Graveyard is a web site about U.S. political history and cemeteries. Founded in 1996, it is the Internet's most comprehensive free source for American political biography, listing 312,576 politicians, living and dead.
  The listings are incomplete; development of the database is a continually ongoing project.  
  Information on this page — and on all other pages of this site — is believed to be accurate, but is not guaranteed. Users are advised to check with other sources before relying on any information here.  
  The official URL for this page is: https://politicalgraveyard.com/trouble/bank-fraud.html.  
  Links to this or any other Political Graveyard page are welcome, but specific page addresses may sometimes change as the site develops.  
  If you are searching for a specific named individual, try the alphabetical index of politicians.  
  More information: FAQ; privacy policy; cemetery links.  
  If you find any error or omission in The Political Graveyard, or if you have information to share, please see the biographical checklist and submission guidelines.  
Copyright notices: (1) Facts are not subject to copyright; see Feist v. Rural Telephone. (2) Politician portraits displayed on this site are 70-pixel-wide monochrome thumbnail images, which I believe to constitute fair use under applicable copyright law. Where possible, each image is linked to its online source. However, requests from owners of copyrighted images to delete them from this site are honored. (3) Original material, programming, selection and arrangement are © 1996-2019 Lawrence Kestenbaum. (4) This work is also licensed for free non-commercial re-use, with attribution, under a Creative Commons License.
Site information: The Political Graveyard is created and maintained by Lawrence Kestenbaum, who is solely responsible for its structure and content. — The mailing address is The Political Graveyard, P.O. Box 2563, Ann Arbor MI 48106. — This site is hosted by HDL. — The Political Graveyard opened on July 1, 1996; the last full revision was done on March 10, 2021.

Creative 
Commons License Follow polgraveyard on Twitter [Amazon.com]