Monte Hasie is taking a Lubbock bank to court for ruining his reputation. You'll recall State National Bank, formerly known as First State Bank, accused the former State Board of Education member of bank fraud. The charges sent Hasie and several other men to court.
In October of 2004, Hasie was indicted on 22 counts, including conspiracy to commit bank fraud. He was convicted, then acquitted in March by U.S. District Judge Sam Cummings. Throughout the ordeal, Hasie claims he was subject to humiliating news coverage and was fired from his job.
Hasie is now seeking compensation for loss of earnings and damage to his personal and professional reputation.
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