When Vernon fundamentally hit a brick wall during the March 1987, it kept a profile from funds that were 96% delinquent
Lemons (right), forty-two, chairman out of today-epic Vernon Discounts & Loan Connection out-of Dallas, made new limelight the difficult ways: The guy stole they
The latest VERNON Half a dozen It will require a special efforts for starters class out of felons to face in a congested profession. However these males met with the incorrect content — when you look at the spades.
Woody F. Lemons contributed his selection of thieves towards an excellent merry pursue you to couple will ever matches having pure cupidity, let alone absurdity. Lemons is nailed having planning an excessive financing purchasing and you can build possessions inside the Arlington, Tx. Half the fresh new $step 3.5 million financing is actually slated and come up with the way back in order to their purse, prosecutors recharged, regardless of if fundamentally simply $200,100 performed. Lemons up coming made an effort to hide the money of lender examiners of the hiding it as ”consulting” charge. His sentence: thirty years.
Patrick Grams. Queen, fifty (left), Vernon’s chairman, conspired having Pat Malone, 47 (bottom), president off Vernon’s Dallas section, to reimburse his officers to own $55,one hundred thousand in the political promotion contributions created using Vernon fund. In advance of ! the guy entered Vernon into the 1983, King ended up being manager off regulating supervision having Tx S&Ls.