Bush Grants Pardon to Man Convicted in $25 Million Fraud Scheme
President Bush has granted a pardon to a Texan who pleaded guilty to fraud in one of the 1980's Savings and Loan scandals. He is David B. McCall, Jr., former lawyer and mayor of Plano, Texas.
David B. McCall Jr., who is battling cancer, served six months in prison for his role in fraudulent loans at the Plano Savings and Loan Association, which failed in the mid-1980s.
Our ears perked up when we heard fraud and "1980's savings and loan" because that was what Neil Bush had been involved in. We checked on Lexis to see if there was a connection between McCall and Neil Bush and there wasn't. But, what we learned was that McCall's fraud was big. From the October 11, 1996 Dallas Morning News:
Former Plano Mayor David B. McCall Jr., one of the most prominent civic leaders in Plano's 115-year history, on Thursday pleaded guilty to bank fraud, federal prosecutors said. Mr. McCall, 72, is the second former mayor of the city to admit guilt in the case involving more than $ 25 million in fraudulent loans made in the mid-1980s.