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Tag Archives: Mark Turkcan

Former bank officer to spend year in prison, pay $25 million restitution

Former president of First Bank Mortgage Mark Turkcan was sentenced to one year and one day in prison for the misapplication of $35 million. A federal judge also ordered him to pay restitution of nearly $25 million. Turkcan, 54, pleaded ...

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Former bank officer pleads guilty to fund misapplication

A former president of First Bank Mortgage has pleaded guilty to misapplication of funds, causing a loss to the mortgage company of $35 million, U.S. Attorney Catherine Hanaway announced. Mark Turkcan’s problems began when, as an employee for Sheahan Financial ...

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