SEC
Whistleblower
Advocates

September 28, 2015

Trinity Capital Corporation, Los Alamos National Bank, William Enloe, Daniel Bartholomew, Karl Hjelvik

Financial Fraud

SANCTION AMOUNT: $1,750,000

Defendants: Trinity Capital Corporation, Los Alamos National Bank
William Enloe, Daniel Bartholomew, Karl Hjelvik

Settlement of accounting fraud charges against company and its wholly-owned bank subsidiary, and several executives. The case involved alleged the case that involves fraudulent manipulation of the company’s financial results and failure to implement sufficient internal accounting controls over loan accounting, motivated partly by the bank’s desire to be released from a formal supervisory agreement with its regulator.

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