Investment Advisor Pushes $45,650,000 Bank Fraud Scheme, Shovels Defrauded Money Into Property and Private Plane

Description

A Nebraska-based investment advisor faces up to 30 years in prison after admitting he’s behind an attempted $45.65 million fraud against financial institutions. Jesse Hill, 35, has pleaded guilty to conspiracy to commit bank fraud and will be sentenced in September, according to the U.S. Attorney’s Office for the District of Nebraska. Hill and an unnamed individual who worked in the real estate industry partnered up in 2020 and attempted to secure loans from financial institutions throughout Neb...