Glenham Man Faces Federal Charges of Bank Fraud

Gabe Outtrim, a 42-year-old resident of Glenham, has been indicted on federal charges of bank fraud. According to a press release from the United States Attorneys Office, Outtrim allegedly made two nominee loans in the name of an unknowing customer between 2015 and 2019 while serving as the bank manager and vice-president of CorTrust Banks Leola branch. The details of the alleged fraud are sealed by the court, but the release alleges that Outtrim used the bank's profits from the loans for his own benefit. Outtrim has pleaded not guilty to both counts and is scheduled to appear for a trial on October 19.

Key Takeaways:

• Gabe Outtrim, a 42-year-old bank manager, has been indicted on federal charges of bank fraud for allegedly making two nominee loans in the name of an unknowing customer between 2015 and 2019.
• Outtrim worked at the CorTrust Banks Leola branch for over 11 years, preceded by a position as a senior credit manager for Wells Fargo.
• The details of the alleged fraud are sealed by the court, but the release alleges that Outtrim used the bank's profits from the loans for his own benefit.
• Outtrim has pleaded not guilty to both counts and is currently out on bond.
• He is scheduled to appear for a trial on October 19 and faces up to 30 years in federal prison, a $1 million fine, five years of supervised release, and up to $200 to the Federal Crime Victims Fund.
• Outtrim's LinkedIn profile shows that he has worked at the CorTrusts Leola branch for over 11 years.

Statistics:

• The alleged bank fraud occurred between 2015 and 2019.
• Outtrim is facing up to 30 years in federal prison.
• He also faces a $1 million fine and five years of supervised release.
• The value of the loans used in the alleged scheme is undisclosed.
• Outtrim is scheduled to appear for a trial on October 19.

Sources:

• Press release from the United States Attorneys Office.
• Gabe Outtrim's LinkedIn profile.
• CorTrust Banks Leola branch.