Monday, December 27, 2004

Gold Banc whistleblower will receive more than $3 million

Roger Ediger, a lawyer from Enid, Oklahoma, will receive more than $3 million for his role in exposing a bank that allegedly inflated interest rates on federally guaranteed loans.

Gold Bank settled the suit for $16 million in November without admitting wrongdoing.

The Associated Press report was carried in the December 24, 2004 edition of the Enid News.