According to a report from the Mortgage Bankers' Association, a former chief financial officer at Chase Manhattan Corp. was arrested last week and charged with three counts of filing false and fraudulent loan applications and a single count of bank fraud.

John Wilson, Jr., of Redding, Conn., was reportedly fired April 12 for obtaining $4.36 million in loans from Chase Manhattan, its mortgage unit and another bank to purchase several pieces of property in Connecticut.

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