Alva Review-Courier -

Former Oklahoma bank president charged in fraud case


September 7, 2017

OKLAHOMA CITY (AP) — Federal prosecutors have charged the former president of a bank in northwest Oklahoma with conspiracy to commit bank fraud.

Stephen Ward, 53, is accused of misapplying tens of thousands of dollars in bank funds for his personal benefit, The Oklahoman reported. Two other bank employees have also been charged in the case.

Marjorie Cole, 58, was charged last year with conspiracy to defraud a financial institution and filing a false tax return, and Nicki Day was charged in June with conspiracy to commit bank fraud.

Ward is the former president of the failed First State Ba...

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