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Jury selected to hear bankers’ case

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PANAMA CITY -- Attorneys for the federal government and three former leaders of a failed local bank spent all day Monday selecting nine women and five men to spend the next two weeks serving as jurors in a case that could land the bankers in jail.

Frank Baker, Terry Dubose and Elwood West are charged with conspiring to dupe a Federal Deposit Insurance Corporation program out of millions of dollars in 2010 in an effort to avoid personal losses.

Each man has pleaded not guilty to conspiracy to defraud the FDIC, seven counts of wire fraud, three counts of lying to the FDIC and one count of aiding and abetting a false claim against the United States.

A panel of 14 jurors were selected around 5 p.m. They will begin to hear arguments and testimony beginning Tuesday morning. The trial is expected to last at least two weeks. 


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