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Bank Chief Accused of Stealing Millions

4 February 2002

OAKWOOD, Ohio -- Feb. 2, 2001 -- As reported by the Associated Press: ``A bank president has been accused of embezzling $40 million to invest in South Carolina gambling boats, leading the federal government to take over the bank.

``The Federal Deposit Insurance Corporation closed the Oakwood Deposit Bank Company on Friday, the same day its president, Mark Steven Miller, appeared in Federal District Court in Toledo. If convicted, Mr. Miller could be sentenced to as many as 30 years in prison.

``Mr. Miller, 47, was being held in the Lucas County jail today

``...According to an F.B.I. affidavit, Mr. Miller admitted that he had manipulated bank records since at least 1999 to send cash to Stardancer Casino Cruises, based in Myrtle Beach, S.C. He and his brother, Gregory, are said to own 38 percent of Stardancer..."

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