Defrauder of Brookfield Bank Charged By Feds

Ridgestone Bank in Brookfield was defrauded out of about $1.5 million by a Michigan pastor, who was indicted earlier this month for the act, according to Brookfield NOW.

Timothy Woodson is charged with creating fake documents and even pretending he was an employee of the bank, the article said. The mail fraud charge carries a maximum penalty of 20 years in prison.

MLive.com reported that Woodson used the fraudulent acts to secure a second loan from a different bank.