Fraud Friday – Do Banks Commit Fraud when Projections Don’t Pan Out?

October 24, 2014 By Bob Coleman Editor, Coleman Report Not in a recent lawsuit against pens lawyer Diane Schmitt in a comprehensive article about an SBA lender’s liability in a failed Coffee Beanery franchise. She writes; Following on the heels of the financial crisis, those of us who regularly represent lenders in workouts and enforcement…

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