Former Destin Mortgage Broker Convicted by Jury on Federal Bank Fraud and Bribery Counts

PENSACOLA, FL – December 19, 2011 – (RealEstateRama) — Pamela C. Marsh, United States Attorney for the Northern District of Florida, announced that Destin resident Randolph Branham (age 45) was convicted yesterday of conspiracy to commit bank fraud and bribery of a loan officer, following a four-day jury trial. Prior to the trial, four others indicted in the scheme pled guilty, which included Crestview attorney Chris Cadenhead (age 56), two Destin residents, Jackie T. Fair (age 70), Jane M. McDonald (age 58), and former loan officer Larry J. Malone (age 56), of Bainbridge, Georgia.