30 July 2009
UPDATE 2: gannett / the town talk: "owner of southern funding mortgage in alexandria faces fraud charges."
UPDATE: u.s. attorney donald w. washington: "very serious charges...bank fraud statute carries a maximum penalty of a million dollar fine and up to thirty years in prison." ~ link
the town talk says that mr. nichols will remain in federal custody until at least 04 august 2009 when he is scheduled to be arraigned as well as have a detention hearing by the federal court at shreveport, la. ~ source
Posted by wst... at 13:25