Upstate pair charged with defrauding NBSC of $5M

Columbia, SC - COLUMBIA, SC (WMBF) - A Greenville man and Westminster woman were charged Wednesday with conspiring to commit bank fraud, according to acting U.S. Attorney Kevin F. McDonald.

Joey C. Hedden, 55, and Lillian W. Tressler, 56, are accused of defrauding the National Bank of South Carolina by giving false information on a series of loan applications, which were ultimately approved by the bank.

Federal authorities say the scheme cost NBSC nearly $5 million in losses.

If convicted, Hedden and Tressler each face up to $1 million in fines and 30 years in prison.

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