United States v. Gilbert Lundstrom
United States v. Gilbert Lundstrom
Gilbert G. Lundstrom, 72, of Lincoln, Nebraska was the CEO of TierOne Bank from 1999 to January 2010. According to allegations in the indictment, he and others concealed the true value of TierOne’s loan and real estate portfolio. They also provided falsely inflated figures in their reporting to the U.S. Securities and Exchange Commission (SEC) and the Office of Thrift Supervision (OTS).