Feds indict two people in Ala. fraud case

FLORENCE, Ala. (AP) - Two Lauderdale County residents face federal bank fraud charges.

The indictments, announced Tuesday, alleges 53-year-old Timothy David Shelton of Lexington and 39-year-old Melissa Killen of Rogersville defrauded the Lauderdale County Teachers Credit Union.

Shelton is a former businessman and Killen is the former manager of the credit union.

Both were charged with conspiracy to commit bank fraud, bank fraud and making a false statement to a federally insured institution.

U.S. Attorney Alice Martin said Shelton and Killen conspired to misrepresent the purpose of $6 million in loans that Shelton received for his bottling company.

The loans were discovered in a 2006 audit.