Tagged: layton “scooter” stuart

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.

Florida Condo Remains Out of Reach in Stuart Legal Mess

by Arkansas Business Staff 11/18/2013 12:00 am

For now, a luxury condominium on the Gulf Coast seems to have escaped the financial chaos left by the late Layton “Scooter” Stuart.

Alberto Solaroli Indicted for Bank Fraud Over Loan Tied to One Bank & Trust

by George Waldon 11/15/2013 10:41 am

Alberto Solaroli, 59, of Jacksonville, Fla., was indicted on one count of bank fraud in connection with an April 2007 loan from One Bank & Trust of Little Rock.

Former One Bank VP Matthew Sweet Indicted for Fraud, Money Laundering

by George Waldon 11/11/2013 09:09 am

Matthew Daniel Sweet, 41, of Timbo (Stone County) was indicted on 30 counts of bank fraud and 30 counts of money laundering. His trial is scheduled for Dec. 9, before U.S. District Judge Leon Holmes.

Richard Torti Fights Layton Stuart Battle on Two Legal Fronts, County and Federal

by George Waldon 11/11/2013 12:00 am

Richard Torti is engaged on two legal fronts in Little Rock, county and federal to exercise his authority as a trustee and executor for the Stuart family and extricate money from federal authorities.

Johnelle Hunt Group Stakes Claim on Portion of Scooter Stuart Assets

by Arkansas Business Staff 10/7/2013 12:00 am

Another party has entered the courtroom regarding a claim on assets seized from the late Little Rock banker Layton “Scooter” Stuart. BHL Financing LLC, led by Johnelle Hunt, filed a claim for $15.2 million owed on three delinquent promissory notes.

One Bank Founding Traced to 1956 Organization of American National Bank

by George Waldon 9/30/2013 12:00 am

Five businessmen are recognized for planting the corporate seed for what developed into today's One Bank & Trust of Little Rock. The venture was launched as American National Bank and morphed into its better-known incarnation as First American.

One Bank Seeks More Than $1M in Interest From Stuart Assets

by Arkansas Business Staff 9/23/2013 12:00 am

One Bank & Trust filed a more detailed claim for money allegedly owed by its former chairman, president and CEO, the late Layton “Scooter” Stuart.

Estate of Layton Stuart Still in Dispute Across Two Courtrooms

by Arkansas Business Staff 9/16/2013 12:00 am

The legal tug of war over assets associated with the late owner of Little Rock's One Bank & Trust continues in state and federal court.

One Bank Juggled Bad Penny Stock Loan

by George Waldon 9/9/2013 12:00 am

A bad loan in Florida brought former chairman, president and CEO of One Bank & Trust Layton "Scooter" Stuart into deeper controversy when he built a million-dollar manor for his son, Hunter.

Stuart Family Files Emergency Petition as Hickory Creek Home Heads Back to One Bank

by Arkansas Business Staff 9/9/2013 12:00 am

Richard Torti, trustee of the Stuart Family 1997 Trust, requested the release of $1.5 million seized by the government in its forfeiture action against the former chairman, president and CEO of One Bank & Trust. Torti argues that the nearly $17.7 million seized by the government exceeds its financial claims against Stuart by at least $4 million. The lion's share of that money is from a life insurance policy on Stuart, who died March 26.

One Bank Prepares to Sell House of Controversy in Pleasant Valley

by Arkansas Business Staff 8/26/2013 12:00 am

The 5,328-SF house, which borders the Pleasant Valley Country Club Golf Course, is carried on the Pulaski County tax rolls at a value of about $750,000. The market value is said to be around $1 million.

One Bank's Scooter Stuart Thought He Knew Who Blew the Whistle

by George Waldon 8/5/2013 12:00 am

Before he died on March 26, Layton “Scooter” Stuart told Arkansas Business that he thought he knew who had stirred up trouble for him with the chief federal regulators of his One Bank & Trust: Michael Heald and Tom Ricciardone.

Normandy House for Daughter Part of Fed's Case Against Stuart

by George Waldon 8/5/2013 12:00 am

Among the assets entwined in the financial imbroglio at One Bank & Trust is a 1,660-SF house in the Normandy neighborhood of Little Rock.

Stuart Estate Still Owes Former One Bank Owner

by Arkansas Business Staff 8/5/2013 12:00 am

BHL Financing LLC of Rogers is a creditor with a special interest in Stuart and the bank. The limited liability company is an affiliate of Hunt Ventures, led by Johnelle Hunt. She and her family sold One Bank to Stuart about 20 years ago and financed the transaction.

Feds Seize Nearly $18M From Estate of Former One Bank CEO Layton Stuart

by Mark Friedman 7/15/2013 11:06 am

The federal government seizes $18 million from the family of Layton "Scooter" Stuart, the former CEO of One Bank & Trust of Little Rock, alleging that the money was tied to bank fraud and money laundering.

Feds Studying Suspect Paperwork Tied to One Bank

by George Waldon 3/25/2013 12:00 am

Officials at Hydco Inc., a North Little Rock general contracting firm, and the Little Rock architectural firm of Witsell Evans & Rasco are among those who have been questioned about alleged work done for the $439.7 million-asset lender.