Comment on Insider is sentenced to prison in scam that nearly took down L.A.'s last black bank

Insider is sentenced to prison in scam that nearly took down L.A.'s last black bank

A loan officer who peddled bad loans to churches across the country — a scam that nearly took down L.A.’s last black-owned bank — was sentenced this week to federal prison, ending a lengthy saga for Broadway Federal Bank. Paul Ryan, 49, of Torrance pleaded guilty two years ago to running a scheme...

 

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