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Former president of failed GA bank convicted in fraud scheme

2015-01-10 19:57:11| Real Estate - Topix.net

Authorities said Friday that 54-year-old William "Rusty" Beamon of Atlanta was in charge of Appalachian Community Bank's foreclosure liquidation department. Prosecutors say Beamon had a real estate agent put a bank-owned house on the market for him and pocketed more than $20,000 in rent payments from the occupants.

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