CRM
FOR IMMEDIATE RELEASE                                          202-514-2007
FRIDAY, AUGUST 12, 1994                                  TDD   202-514-1888



                         S & L BORROWER SENTENCED

                                     
     DALLAS, TEXAS -- The Department of Justice announced today
that Terry G. Moore was sentenced to five years in prison with
all but six months suspended, a $3,000 fine and 200 hours of
community service.  Moore had previously pleaded guilty to a
charge of bank fraud in U.S. District Court in Dallas.
     Moore engaged in a scheme and artifice to defraud Bedford
Savings Association by causing Bedford to fund a loan in the
amount of $1.7 million to an unrelated third party.  Part of the
loan funds were then used to cover a previously issued cashier's
check in the amount of $350,000.
     The prosecution of Moore was handled by fraud section
attorneys Charles Cobb and Steve Hinkle, as part of the ongoing
investigation of fraud in the Texas savings and loan industry
being conducted by the Dallas Bank Fraud Task Force.
     As a result of the efforts of the task force, charges naming 
273 defendants have been brought.  To date, 229 convictions have
been obtained.
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