Former Bank of O’Fallon exec indicted on fraud charges

A former executive of the Bank of O’Fallon has been indicted on bank fraud and theft charges.

Andrew Blassie was indicted by a grand jury for allegedly using nearly $2 million in bank funds to pay personal debts. He's also accused of allegedly bilking retirement money from a couple for the purpose of paying off a personal loan.

Blassie previously was an executive vice president at Illinois-based Bank of O’Fallon and Security First Bancshares Inc.

Read more from the Belleville News-Democrat.