DENVER (AP) - A senior executive of a failed Colorado bank has pleaded guilty to making improper loans to prop up the institution.
Gregory Bell faces up to 30 years on each of three counts, including bank fraud and up to 20 years for money laundering at the New Frontier bank.
According to the Denver Post, Bell declined to comment as he left the courtroom on Tuesday.
Bell is scheduled to be sentenced on April 30 at 9 a.m.
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