(Source: Federal Bureau of Investigation - Omaha Field Office) WASHINGTON-The former CEO of TierOne Bank, a $3 billion publicly traded commercial bank formerly headquartered in Lincoln, Nebraska, was convicted by a federal jury today for orchestrating a scheme to defraud TierOne's shareholders and to mislead regulators by concealing more than $100 million in losses on loans and declining real estate. Assistant Attorney General Leslie R. Caldwell of the Justice Department's Criminal Division, Special Agent in Charge...
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