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Herman K Beebe

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NEWS
October 9, 1988
Possible organized crime involvement in failures of savings and loans is being investigated by the General Accounting Office, the primary investigative arm of Congress, the Houston Post reported. The Post said a congressional committee would probably hold hearings on the matter. The investigation was prompted by reports about reputed mob associates Herman K. Beebe Sr. and Mario Renda and their connections to thrifts and to each other.
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NEWS
October 9, 1988
Possible organized crime involvement in failures of savings and loans is being investigated by the General Accounting Office, the primary investigative arm of Congress, the Houston Post reported. The Post said a congressional committee would probably hold hearings on the matter. The investigation was prompted by reports about reputed mob associates Herman K. Beebe Sr. and Mario Renda and their connections to thrifts and to each other.
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BUSINESS
June 26, 1987
Banking officials closed Pelican State Bank in Mansfield because of a series of bad loans; its deposits and good loans will be assumed by People's State Bank of Many, La. It was the fifth bank closing in Louisiana this year and the 92nd in the nation. Shreveport financier Herman K. Beebe, convicted in January, 1985, in a fraudulent loan conspiracy, is under indictment for misapplying bank funds, conspiracy, false statements for over evaluating property and a federal charge of bank robbery.
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