Former bank lawyer, officials indicted in money laundering scheme
STOCKBRIDGE, Ga. -- A former attorney and two top officials of FirstCity Bank in Stockbridge have been indicted on charges of fraud and money laundering that eventually led to the bank's failure in March 2009.
The lawyer, 47-year-old Robert E. Maloney, Jr. of McDonough, was arraigned in federal court last Friday. Mark A. Conner, 45, formerly of Canton, and Clayton A. Coe, 44, of McDonough are scheduled to be arraigned July 1.
According to information presented in court, Conner and Coe were both senior officials with FirstCity Bank.