Posts Tagged ‘Sean Cutting’
Fraud Friday: Two Community Bankers and Two Borrowers Indicted for Bank Fraud
April 11, 2014 By Bob Coleman Editor, Coleman Report In 2009, A Northern California real estate developer defaulted on $30 million of loans, one of the causes for the failure of Charter Oak Bank. When the FDIC sold the loan, the developer found a straw buyer for the purchase of his property. Sonoma Valley Bank…
Read More