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Longtime president, CEO of Wells Fargo dies at 78

Willard was 78. “Larry was committed to making New Mexico a better place to live as much as anybody I ever knew, and was one of the most positively impactful leaders New Mexico has had in recent memory,” said friend Steve Moise, the state’s investment officer. “He worked to improve our educational system and our business climate and wanted every child to have the opportunity to receive a quality education, get a good job and move up the economic ladder.” As part of that goal, Willard endowed a number of libraries, including the Willard Reading Room at the University of New Mexico Zimmerman Library, and the Gerald and Betty Ford Library at the Bosque School.

Four new defendants added to federal indictment alleging multi-million dollar embezzlement conspiracy resulting in failure of Chicago bank

Four new defendants added to federal indictment alleging multi-million dollar embezzlement conspiracy resulting in failure of Chicago bank
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Park Ridge man indicted in bank embezzlement case

Park Ridge man indicted in bank embezzlement case   Updated 2/26/2021 11:08 PM A 57-year-old Park Ridge man was one of four additional people charged this week in a conspiracy to embezzle funds from a failed Chicago bank. The indictment alleges that Marek Matczuk, who was a contractor, was involved with other conspirators to embezzle $31 million from Washington Federal Bank for Savings and falsify bank records.   According to the indictment, Matczuk, who had an ownership interest in Mark M Group Inc., received stolen funds as the proceeds of bogus loans. Washington Federal was shut down in December 2017 after authorities determined that the bank was insolvent.

Feds charge owner of home where Bridgeport bank president John Gembara died as massive fraud case expands

Washington Federal Bank for Savings President John F. Gembara was found dead in the home of Marek Matczuk, who now is among four new defendants in the growing bank fraud case. The man who owns the million-dollar Park Ridge home where a failed Bridgeport bank president’s dead body was discovered three years ago now faces criminal charges as the investigation into “massive fraud” at Washington Federal Bank for Savings expands. The homeowner, Marek Matczuk, is among four new defendants accused in a 67-page indictment Thursday. Also named as new defendants are James R. Crotty, a former vice president of the bank, and real estate developers Boguslaw Kasprowicz and Miroslaw Krejza.

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