August 6, 2021 By Joseph ColemanContributing Editor, Coleman Report INDIANAPOLIS — A Juror from the banc-serv SBA Loan Fraud Trial spoke with Coleman Report (August 5, 2021) about reaching Guilty verdicts for all five defendants late August 4, 2021. Here is the phone interview with the Juror: Coleman Report: Thank you very much for providing…

August 4, 2021 By Bob ColemanPublisher, Coleman ReportJoseph ColemanContributing Editor, Coleman Report ALL FIVE banc-serv Defendants Guilty of SBA LOAN FRAUD Kerri Agee, Co-Founder, CEO — Guilty, 5 counts of Fraud Kelly Isley, Chief Operations Officer — Guilty, 3 counts of Fraud Nicole Smith, Structuring & Eligibility Manager — Guilty, 3 counts of Fraud Chad…

August 5, 2021 Contributing EditorDelaney Sexton Coleman Movers & Shakers – Ross Blanchard and Roxana Rice Reliant Business Valuations’ Ross Blanchard Obtains Coveted ASA Designation“We’re proud to have an equipment appraiser with Ross’ experience and applaud his commitment to obtaining the ASA accreditation, an added value for our team and our clients,” says Neal Patel,…

By Joseph ColemanContributing Editor, Coleman ReportAugust 4, 2021 The banc-serv trial is over and the jury must make tough decisions for Kerri Agee, Kelly Isley, Nicole Smith, Chad Griffin, and Matt Smith. The Government requests jurors to ask themselves if it makes sense all five banc-serv employees were part of a conspiracy to defraud the…

By Joseph ColemanContributing Editor, Coleman ReportAugust 3, 2021 The Government presented their closing arguments to prosecute banc-serv employees Tuesday morning and reminded the jury, “It is what it looks like.” banc-serv had the appearance of following the rules as an LSP while breaking them systematically, says the Government. Government attorneys claim the defendants were so…

August 2, 2021 By Joseph Colemanand Delaney SextonContributing Editors, Coleman Report Final Government witness testimonies wrapped up early Monday afternoon followed by all five defendants quickly waiving their right to testify and a swift defense rest. All motions of dismissal were denied by Chief Judge Tanya Pratt. Prosecutors re-examined LGPC Retired Center Director Frank Pucci,…

By Joseph ColemanContributing Editor, Coleman Report August 2, 2021 LGPC Retired Center Director Frank Pucci (2007-2015) testified during day six of the Kerri Agee banc-serv trial that the SBA 7(a) loan applications submitted by banc-serv would not have been approved had he known their employees used name changing and other deceptive tactics to submit duplicate…

July 30, 2021 Delaney SextonContributing Editor Fraud Friday – banc-serv Borrower Testifies $50,000 Fake Equity Injection for Biz Aq Loan Witness #7- Brad Crawford (Loan to Borrower #1 in the indictment) Brad Crawford decided to buy a business in 2004, and Kerri Agee and Matt Smith prepared an SBA loan application worth $1,400,000 for him.…

July 29, 2021 Delaney SextonContributing Editor Borrowers Take the Witness Stand on Day 3 banc-serv Fraud Trial A borrower who owned a manufacturer of concrete masonry testified that $770,000 of her $1.2 million loan was disbursed as a check to the IRS for delinquent payroll taxes. However the use of proceeds said around $191,000 would…

July 28, 2021 Delaney SextonContributing Editor C-Suite Wednesday – First Three Witnesses at Stand During Kerri Agee Trial Here are some of the key points brought up while the first three witnesses have been called to stand: Witness # 1: Theresa Hendrix – Supervisory Loan Specialist at the Citrus Heights Loan Guaranty Processing Center• Theresa…