Ex-La Coste bank president pleads guilty

Ex-La Coste bank president pleads guilty

There are 4 comments on the San Antonio Express-News story from Oct 27, 2010, titled Ex-La Coste bank president pleads guilty. In it, San Antonio Express-News reports that:

The former La Coste National Bank president who was charged in this year's collapse of the 98-year-old institution pleaded guilty Wednesday to making a false entry in the bank's books with the intent to defraud and deceive banking regulators.

Join the discussion below, or Read more at San Antonio Express-News.

Jack Donaldson

Houston, TX

#1 Oct 28, 2010
Who was the other bank customer that received the $2.5 Mil? A 3-5 year sentence is a slap on the wrist, as far as I'm concerned - he'll probably be out in less than two years for good behavior.


#2 Oct 29, 2010
I too would like to know just WHO got the 2.5 million $$$$. Why is he/she being protected? Let's get the whole story here. Jody probably has the rest of the money buried in a field somewhere until the coast is clear. He collapsed the bank and gets off with a very light sentence. I guess he used some of his ill-gotten gain to pay off somebody. Thanks Jody! You did a heckofa job.
Jack Donaldson

Houston, TX

#3 Oct 29, 2010
Yeah, and I didn't get approved for a loan that I could actually pay off. I guess if you had no intention of paying the loan, or were in danger of default, but gave Jody a kick-back, I guess you'd get a loan.

Too bad I went there too late - literally after Johnny Parma died - he would have given me the loan...

If Jody's smart, he'd deposit the money in an offshore account in a nation that doesn't have treaties with the US that require them to hand over bank account info to the Feds.

Washington, DC

#4 Oct 29, 2010
I know a few of his close associates. Roger Wilson, Helen Love and Brenda Coleman. This man was the club secretary at Highland Social Club on the SE side of San Antonio. I wonder now if he had his mits on the money there too.

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