Tagged: layton “scooter” stuart

'Scooter' Stuart Family, Bank Reach Settlement Over $14.9M Forfeiture

by George Waldon 7/27/2015 12:45 pm

A tentative settlement has been reached in the civil forfeiture of $14.9 million seized from Layton "Scooter" Stuart and his estate. The development has led to the postponement of the scheduled start of a trial in U.S. District Court on Aug. 17.

Federal Prosecutors Sue Scooter Stuart's Estate, Family Trusts

by Gwen Moritz 7/8/2015 10:27 am

The lawsuit is the latest in a cascade of civil and criminal cases alleging widespread and long-term fraud by Stuart and other executives of One Bank & Trust and its holding company.

Matthew Sweet, Former One Bank Controller, Sentenced to Probation

by Gwen Moritz 4/29/2015 4:03 pm

Federal prosecutors agreed to seek no prison time for Sweet, who had repaid One Bank for $110,000 embezzled to pay his personal credit cards.

Gander Mountain Draws $7.2 Million Transaction (Real Deals)

by George Waldon 3/9/2015 12:00 am

The sale of a 123,872-SF store in Sherwood tipped the scales at $7.2 million. A 25,000-SF office-warehouse facility in North Little Rock weighed in at $2.19 million. And the location for a convenience store development in west Little Rock was assembled in two deals totaling $2.1 million.

Matthew Sweet Pleads Guilty to Money Laundering

by Gwen Moritz 1/7/2015 3:52 pm

Matthew D. Sweet, the former comptroller of One Bank & Trust of Little Rock, pleaded guilty Wednesday to a single count of money laundering, and federal prosecutors have agreed to recommend a sentence of probation.

Former One Bank Officer Matthew Sweet to Plead Guilty

by Gwen Moritz 1/6/2015 8:25 am

Matthew D. Sweet, the former vice president and controller of Little Rock's One Bank & Trust, will plead guilty Wednesday to one of the 60 federal felony counts that have been pending for more than a year.

Tire Center Transaction Tops $1.5M in NLR (Real Deals)

by George Waldon 11/17/2014 12:00 am

A 43,444-SF tire center in North Little Rock tipped the scales at $1.52 million.

Court Appoints Former LR Mayor Special Administrator in Scooter Stuart Case

by George Waldon 10/13/2014 12:00 am

Tom Prince, former Little Rock mayor, has entered the fray between Little Rock’s One Bank & Trust and the estate of its former controlling owner and CEO, Layton “Scooter” Stuart.

One Bank Makes Claim on Branch Property Titled to Scooter Stuart Partnership

by Arkansas Business Staff 9/1/2014 12:00 am

A lawsuit challenges who owns the OneBanc branch at 14711 Cantrell Road in west Little Rock. Real estate records indicate a general partnership called Bank Partners. One Bank & Trust claims it is the rightful owner.

Scooter Stuart’s Tainted Assets Draw More Fire

by George Waldon 9/1/2014 12:00 am

This year’s number of new lawsuits surrounding the controversial business affairs of the late Layton “Scooter” Stuart indicates the rancor is only growing.

One Bank Turns Attention to Scooter Stuart Life Insurance Payouts

by Arkansas Business Staff 7/28/2014 12:00 am

The leadership at One Bank & Trust has steered the Little Rock lender back to court in a new lawsuit connected with its former owner, Layton “Scooter” Stuart

One Bank Sells Former Scooter Stuart House

by Arkansas Business Staff 7/21/2014 12:00 am

Syed and Ayesha Samad acquired the 12,350-SF mansion in west Little Rock’s gated Hickory Creek neighborhood for $1.6 million.

Tired of eBay? IRS Has Its Own Online Auction Website

by Arkansas Business Staff 6/16/2014 12:00 am

If you're interested in bidding on assets seized by the Internal Revenue Service, auction items are just a click away.

Feds Ready To Roll Out Scooter Stuart Autos for Auction

by Arkansas Business Staff 5/26/2014 12:00 am

Five vehicles seized by the government from the family of Layton "Scooter" Stuart finally are heading to the sales block after a recent court order.

One Bank Close to $3M Payday From Scooter Stuart Account

by George Waldon 5/13/2014 4:48 pm

The U.S. government is on the brink of releasing more than $3 million seized from a life insurance payout after the death of Layton "Scooter" Stuart.

One Bank Sues Insurance Company, Seeking $2M

by George Waldon 5/9/2014 7:32 am

One Bank & Trust has tried unsuccessfully to collect $2 million on its financial institution bond, and now the Little Rock lender has gone to federal court with its grievance against the Travelers Indemnity Co., an affiliate of St. Paul Mercury Insurance Co.

Rickenbach Indictment Reveals More Details of One Bank Under Scooter Stuart

by Arkansas Business Staff 4/14/2014 12:00 am

One Bank & Trust’s foolhardy loan of $1.5 million to a penny-stock operator resulted in a federal criminal indictment of former EVP Gary Rickenbach. But a second indictment brings new revelations about the management mess there under the late Layton “Scooter” Stuart.

One Bank, Dick Torti Reach Deal on Dual Role in Scooter Stuart Case

by Arkansas Business Staff 2/17/2014 12:00 am

Officials at the $386.4 million-asset bank agreed not to challenge Torti’s dual role as executor of Layton “Scooter” Stuart’s estate and trustee of the Stuart family trust.

Scooter Stuart Mansion Goes Back to the Bank

by Arkansas Business Staff 1/27/2014 12:00 am

Ownership of the 12,350-SF mansion in west Little Rock’s gated Hickory Creek neighborhood was transferred from Stuart’s widow, Tommye, to One Bank & Trust on Jan. 7.

Former Stuart Home in Pleasant Valley Belongs to New Owners

by Arkansas Business Staff 12/23/2013 12:00 am

A house forfeited to One Bank & Trust by Hunter Stuart now has new owners in Pleasant Valley.

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