Banking Industry Louisiana

Robert Dupre Convicted of Fraud: The Newport Beach businessman was found guilty of charges resulting from a three-year federal investigation into the 1991 failure of Oak Tree Savings Bank, Louisiana's largest thrift. Dupre and Houston lawyer W. Harold Sellers were convicted on 14 counts of conspiracy, bank fraud and money laundering on Aug. 19 in federal court in New Orleans.

Newport Beach businessman Robert Dupre has been convicted of fraud in connection with a three-year federal investigation into the 1991 failure of Oak Tree Savings Bank, Louisiana's largest thrift. Dupre and Houston lawyer W. Harold Sellers were found guilty on 14 counts of conspiracy, bank fraud and money laundering on Aug. 19 in U.S. District Court in New Orleans.

Jury Acquits Kennedy's Future Father-in-Law: A Lafayette, La., jury acquitted Edmund Reggie, Sen. Edward Kennedy's prospective father-in-law, of federal charges of defrauding a savings and loan. Prosecutors said Reggie, who founded Acadia Savings & Loan in 1957, headed schemes to defraud the S&L and tried to force two investors to buy stock in a failing bank in order to get loans from the thrift. Both institutions were closed in 1987.

Robert Dupre Convicted of Fraud: The Newport Beach businessman was found guilty of charges resulting from a three-year federal investigation into the 1991 failure of Oak Tree Savings Bank, Louisiana's largest thrift. Dupre and Houston lawyer W. Harold Sellers were convicted on 14 counts of conspiracy, bank fraud and money laundering on Aug. 19 in federal court in New Orleans.

Three land developers, two of whom are from Orange County, were indicted Friday on charges of defrauding Louisiana's now-failed Oak Tree Savings Bank. U.S. Atty. Robert Boitmann in New Orleans said that Robert Dupre of Newport Beach and Michael Barrack of San Juan Capistrano were charged with conspiracy to commit bank fraud, conspiracy to commit bank bribery and filing false statements to a financial institution. Also indicted on the same charges was W. Harold Sellers of Houston.

Newport Beach businessman Robert Dupre has been convicted of fraud in connection with a three-year federal investigation into the 1991 failure of Oak Tree Savings Bank, Louisiana's largest thrift. Dupre and Houston lawyer W. Harold Sellers were found guilty on 14 counts of conspiracy, bank fraud and money laundering on Aug. 19 in U.S. District Court in New Orleans.

Three land developers, two of whom are from Orange County, were indicted Friday on charges of defrauding Louisiana's now-failed Oak Tree Savings Bank. U.S. Atty. Robert Boitmann in New Orleans said that Robert Dupre of Newport Beach and Michael Barrack of San Juan Capistrano were charged with conspiracy to commit bank fraud, conspiracy to commit bank bribery and filing false statements to a financial institution. Also indicted on the same charges was W. Harold Sellers of Houston.

Jury Acquits Kennedy's Future Father-in-Law: A Lafayette, La., jury acquitted Edmund Reggie, Sen. Edward Kennedy's prospective father-in-law, of federal charges of defrauding a savings and loan. Prosecutors said Reggie, who founded Acadia Savings & Loan in 1957, headed schemes to defraud the S&L and tried to force two investors to buy stock in a failing bank in order to get loans from the thrift. Both institutions were closed in 1987.