From Tribune staff reports
BIRMINGHAM–A federal grand jury has indicted a Talladega man for allegedly making false statements on a commercial loan application, according to U.S. Attorney Prim F. Escalona and FBI Special Agent in Charge Carlton L. Peeples.
Bermun Deamon McGhee, 44, has been accused of providing fraudulent information on a loan application to Peoples Bank of Alabama in December 2021, which resulted in a loss to the bank of over $550,000.
According to the indictment, McGhee fraudulently claimed, among other things, that he possessed $965,000 “Cash on Hand and in Banks” in various checking accounts and savings accounts.
FBI investigated the case and Assistant U.S. Attorney Ryan Rummage is prosecuting the case.
The U.S. Department of Justice stated, “An indictment contains only charges. A defendant is presumed innocent unless and until proven guilty.”