BIRMINGHAM, Ala. – Bermun Deamon McGhee, a 44-year-old man from Talladega, has been charged with making false statements to a bank on a commercial loan application, resulting in a loss of over $550,000.
According to the indictment, in December 2021, McGhee provided fraudulent information on a loan application to Peoples Bank of Alabama. McGhee fraudulently claimed, among other things, that he possessed $965,000 “Cash on Hand and in Banks” in various checking accounts and savings accounts.
The indictment charges McGhee with making false statements to obtain a bank loan.
The FBI investigated the case, and Assistant U.S. Attorney Ryan Rummage is prosecuting the case.
An indictment contains only charges. A defendant is presumed innocent unless and until proven guilty.
McGhee’s crime has left a trail of financial damage, with a loss of over $550,000 to the bank. The case serves as a reminder of the importance of honesty and transparency in financial dealings.
McGhee is currently facing charges for his alleged actions. The outcome of the case remains to be seen.
Bermun Deamon McGhee, 44, of Talladega, AL
Exact criminal charges: Making false statements to obtain a bank loan
City and state: Talladega, Alabama
Exact date: December 2021
Sentence or outcome: Still pending
Dollar amounts: $965,000 “Cash on Hand and in Banks” and over $550,000 loss to the bank
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Key Facts
- State: Alabama
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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