I have worked in banking for going on 20 years now and I am blown away that it ever went that far...
I have worked in banking for going on 20 years now and I am blown away that it ever went that far...
I lived in a corner apartment at The Edge right across the street from this bank's Oklahoma City office. They partied like rock stars on the 2nd floor over there, often until late into the night. I wasn't surprised when the guy got busted for his transgressions.
The former CEO of Farmers Bank, Aaron Johnson, has been formally charged in federal court with bank fraud.
The details have yet to be filed but the charge sheet says he could face up to 30 years in prison.
You may recall that OKCTalk broke the story about Johnson and Farmers back in 2019 and did several follow-up articles. I spent time in Carnegie talking to people and did a ton of research on all this.
There are also a couple of civil cases against Johnson -- brought by the Farmers investors and now owners who had to infuse millions to prop up the bank -- that are still pending.
The wheels of justice turn slowly!
https://www.okctalk.com/showthread.p...20#post1083320
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