Businessman to Pay $61 Million to FDIC:...

Businessman to Pay $61 Million to FDIC: A federal judge has ordered a businessman convicted of defrauding a Kansas bank and a thrift to pay $61 million in criminal restitution to the Federal Deposit Insurance Corp. in what the agency believes is the largest such award. U.S. District Judge Dale Saffels of Topeka, Kan., also sentenced Franklin Winkler to a maximum of five years in prison and ordered him to pay a $10,000 criminal fine. Winkler, 49, a real estate entrepreneur who was based in Hawaii and California, had pleaded guilty to conspiracy to commit wire fraud in several deals that led to the insolvency of Indian Springs State Bank in 1984 and Coronado Federal Savings & Loan Assn. in 1986.