Additional charges of bank fraud, mak...

Additional charges of bank fraud, making false statements filed...

There are 10 comments on the The Jackson Sun story from Jun 16, 2014, titled Additional charges of bank fraud, making false statements filed.... In it, The Jackson Sun reports that:

McCormack was initially charged in March 2013 with two counts each of bank fraud and making false statements.

Join the discussion below, or Read more at The Jackson Sun.

lucy

United States

#1 Jun 17, 2014
I feel for his family.
Guest

Jackson, TN

#2 Jun 17, 2014
lucy wrote:
I feel for his family.
. For his kids, but his wife had to have known something was up. Didn't I read that they declared bankruptcy to the tune of over 9 million dollars?
lucy

Jackson, TN

#4 Jun 18, 2014
His wife didn't know. And I agree about lee bishop.
bubba

Houston, TX

#6 Jun 18, 2014
I say this lightly.. but if I heard tomorrow or next week that McCormick od'd or cutt his wrists, I woukd not be surprised. He must have weight of world on him. He probably did not profit othan the usual fees for doibg Bishop's deeds.
sleazy slumlords

Horn Lake, MS

#8 Jun 18, 2014
Lee Bishop and his wife are sleazy SLUMLORDS that screwed over this town. She knew what he was doing because they put their slimy drug dealer income properties in HER name. Cut a deal with the feds to put most of the blame on McCormick when it was BISHOP and his phoney mortgage loan company- get quick rich quick buy income property with no money down business that was the real ringleader.
guest

Jackson, TN

#9 Jun 18, 2014
So Clay is innocent? He just got played by Lee? I find that really hard to believe. Nobody is that stupid.
sleazy slumlords

Memphis, TN

#10 Jun 18, 2014
So Bishop is just an innocent bystander ? LOL Bishop was just a victim??? OMG

Nobody said Clay was innocent, but the Bishop's are getting away practically unblemished. When he was the real estate deal maker in these transactions- not the paper pusher.
BankExec

Jackson, TN

#12 Jun 20, 2014
bubba wrote:
I say this lightly.. but if I heard tomorrow or next week that McCormick od'd or cutt his wrists, I woukd not be surprised. He must have weight of world on him. He probably did not profit othan the usual fees for doibg Bishop's deeds.


Well he and his wife spent 9 million dollars and then declared bankruptcy! That's a bit shady. Maybe he should have pled guilty like Lee instead of lying and covering stuff up.
dooley

Oakland, TN

#13 Jun 20, 2014
BankExec wrote:
<quoted text>
Well he and his wife spent 9 million dollars and then declared bankruptcy! That's a bit shady. Maybe he should have pled guilty like Lee instead of lying and covering stuff up.
who are you people talikng about?
change his name

United States

#15 Jun 21, 2014
If I was bishop I would move several states away. He screwed over way to many people on a civil level... He milked this community for millions... He basically set it up for Clay to take the hardest hit when the cards fell... Clay should have known better, but sure do wish Bishop got the same or worse than what Clay gets. They say justice is blind.

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