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Former TierOne Bank exec pleads guilty to fraud charges
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Banking
Tuesday, September 16, 2014
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A former senior vice president and chief credit officer at a now defunct $2.8 billion Nebraska-based bank pleaded guilty for his role in an alleged scheme to defraud shareholders and regulators. Investigators said Don Langford worked with others to cover up losses at TierOne Bank as the real estate market imploded in the wake of the financial crisis.
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