Ex-mayor to enter plea in Bank of Mingo case
Former Williamson Mayor Darrin McCormick will enter a plea next week to a federal charge alleging he lied to federal investigators.
Last month, federal prosecutors charged McCormick in a one-count information with making false statements to the FBI and IRS. The information alleges he lied to investigators looking into suspicious banking activities of Aracoma Contracting LLC at the Bank of Mingo.
In February, Aracoma was sentenced to three years probation, ordered to pay $4 million in restitution and forfeit $405,000 for its role in a scheme involving the bank.
McCormick resigned as mayor last month and he used to work at the Bank of Mingo. According to previous reports by the Associated Press, FBI Special Agent James Lafferty stated in documents filed in federal court he thought McCormick helped Aracoma in a structuring scheme.
McCormick is scheduled to enter a plea before U.S. District Judge John Copenhaver at 10 a.m. next Thursday.