A Pike County man was convicted on charges related to bank fraud on Thursday, February 15, 2018. Brent Lee, 41, was convicted by a federal jury of conspiracy to commit bank fraud, two counts of aiding and abetting bank fraud, two counts of misapplication of bank moneys by a bank employee, and four counts of making unauthorized obligations by a bank employee. The evidence established that Lee, while a Market President for BB&T, conspired with Paul Fannin, 49, a residential developer from Van Lear, and Chelsea Stone, 25, Fannin’s daughter residing in Georgetown, to commit fraud. Fannin had an outstanding loan with BB&T for $950,000 for a townhouse development project called Stone Crest Properties. Protocols were put into place to monitor the project and funds released to Fannin. Lee suggested Stone get a new loan from BB&T to give directly to her father. Prior to the trial, Fannin pleaded guilty to conspiracy to commit bank fraud. Lee faces up to 30 years in prison and is scheduled for sentencing on May 31, 2018.