Elaborate Fake Loan Scheme Targeted Pleasanton Patelco

Three people were convicted in North Carolina in connection with an elaborate fake loan scheme that targeted 19 banks and credit unions across the country, including the Patelco in Pleasanton, according to the U.S. Attorney’s Office Western District of North Carolina.

Auto Finance News reported that North Carolina residents Kimberlie L. Flemings, 49, and Stanley Reginald Barron, 38, along with Brian Lyles, 46, of New Jersey, defaulted on dozens of car and personal loans scattered among the financial institutions between 2012 to 2015. Flemings is free on bond and the three will be sentenced at a later date. Read more here.

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