Doug Allen, a partner with John Rogers in Legendary Auctions, received a stiffer sentence for fraud and other charges because of a March 2014 conversation with Rogers, who was wearing a wire for federal investigators.
After federal agents came calling at his business and home on Jan. 28, 2014, John Rogers lost control of his chaotic financial world. The known claims against the photo and sports memorabilia dealer total more than $45 million, not counting $49 million in requested punitive damages.
First Arkansas Bank & Trust says photo dealer John Rogers misrepresented the purchase price of an archive he bought in 2012, leading the bank to loan almost five times the collection's value. Rogers denies misleading the bank.
Two competitors recently stepped into the Pulaski County banking market to replace Metropolitan National Bank and National Bank of Arkansas. Even with the redevelopment of four NBA branches, Pulaski County has no shortage of banking locations, with 199 full-service branches operated by more than two dozen lenders.