Press Release
Lima man charged with falsely overstating assets to bank
For Immediate Release
U.S. Attorney's Office, Northern District of Ohio
Terry J. Ellis, 77, of Lima, was charged via criminal information with making a false report to a bank, said Justin E. Herdman, U.S. Attorney for the Northern District of Ohio.
Ellis in 2010 willfully and falsely overstated assets in relation to a line of credit. Ellis told JPMorgan Chase Bank that assets were approximately $2.3 million when in truth, as Ellis knew, the assets were approximately $1.9 million, according to the information.
If convicted, the
The investigating agency in this case is the
An
Contact
Mike Tobin
michael.tobin@usdoj.gov
Updated August 28, 2017
Topic
Financial Fraud
Component