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Article updated: 12/21/2012 10:36 AM

Ex-Anglo Irish Bank chief faces new fraud charges

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Former Anglo Irish Bank chief executive and chairman Sean FitzPatrick, front center, leaves District Court, in Dublin, Ireland, after being given bail appearing on charges of giving auditors false or misleading information on directors' loans over a five-year period, Friday Dec. 21, 2012. The 64-year old former chief of Ireland's collapsed Anglo Irish Bank, FitzPatrick, has been arraigned Friday on fraud charges of misleading auditors and shareholders alleging over $180 million in personal loans.

Associated Press

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The former chief executive of Ireland's collapsed Anglo Irish Bank, Sean FitzPatrick, was arraigned Friday on new fraud charges that he misled auditors and shareholders over $180 million in personal loans that the bank surreptitiously provided — and he never repaid.
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