Advertisement

Guilty Plea in Columbia S&L; Case: Brian...

Share
From Times Staff and Wire Reports

Guilty Plea in Columbia S&L; Case: Brian W. Fink, accused of helping Newport Beach businessman Michael E. Parker defraud Columbia Savings & Loan Assn., pleaded guilty to two felonies in U.S. District Court under an agreement with federal prosecutors. Fink of Orange admitted receiving about $1 million from the fraud, which prosecutors said netted at least $11 million between 1983 and 1987 in one of the largest cases of thrift fraud in Southern California. Fink agreed to plead guilty in return for prosecutors filing no more charges against him. Sentencing is set for Nov. 4.

Advertisement