A search is underway for a suspect in a St. Louis bank robbery.
St. Louis Police say a man walked into the Pulaski Bank at 3760 South Grand and handed the teller a note demanding money. After getting the cash, the suspect ran away.
The suspect is described as a black male wearing a baseball cap and a black hooded sweater. Anyone with information should contact the St. Louis Police or the FBI.
ST. LOUIS (AP) — A 52-year-old has pleaded guilty to fraudulently obtaining millions of dollars in loans from a suburban St. Louis bank.
The St. Louis Post-Dispatch reports that Michael Filmore of Chesterfield entered the plea Friday in federal court. Filmore admitted through his plea that he lied about the destination of the money and falsified a brokerage account statement claiming $5.5 million to back up a $1 million line of credit.
Filmore told Pulaski Bank that the loans would be used to broker and lease medical equipment. Many of the loans were in the name of his business, Healthcare Partners Group LLC.
According to court testimony, Filmore obtained more than $6 million through fraud and still owes more than $5 million.
A search is underway for the suspect in a bank robbery.
Just after 10 AM, police say the suspect robbed a Pulaski Bank in Richmond Heights. It is not clear if the suspect used a weapon or even if he made off with any cash. No description of the suspect was given.
Pulaski Financial Corp. has filed for an "at-the-market" equity offering that will allow it to sell up to $10 million of its common stock.
The St Louis Business Journal reports the company plans to use the proceeds to contribute capital to its Pulaski Bank subsidiary, redeem outstanding shares of preferred stock, and to support growth with new bank branches and investigate potential acquisitions