Former BB&T Head Gets 27-Month Federal Prison Term

Tuesday, September 10, 2013

The former head of BB&T's Chattanooga commercial banking operations was sentenced on Monday to 27 months in federal prison after he earlier pleaded guilty to bank fraud.

Tracy Brown appeared before Federal Judge Sandy Mattice.

After he serves his time, he will be on four years of supervised release.

Authorities said Brown "appropriated the identities of three customers and took out fraudulent loans."

Brown pleaded guilty on Tuesday morning to bank fraud.

Prosecutor John MacCoon said Tracy Brown faces a maximum 30 years in prison.

Authorities said Brown "appropriated the identities of three customers and took out fraudulent loans in their names. 

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