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Florida Man Indicted in One Bank Case Could Change Plea

1 min read

A Florida man who has pleaded not guilty to one count of bank fraud in connection with a $1.5 million loan from One Bank & Trust of Little Rock is scheduled to change his plea on Feb. 6.

Alberto Solaroli’s trial in U.S. District Court in Little Rock was set to start Jan. 26, but that was postponed until May 4 in front of District Judge Brian Miller.

In the meantime, a change of plea hearing was set for Friday.

Solaroli’s attorney, Omar Greene of Little Rock, didn’t immediately return a call for comment. The U.S. Attorney’s Office also was unavailable for comment Thursday.

Solaroli, a Canadian citizen, was indicted in November 2013 in connection with the 2007 loan, for which Solaroli provided a false financial statement to One Bank to obtain the money, according to the U.S. Attorney’s Office.

Solaroli was approved for the loan based on a financial statement he signed that claimed assets of $170.9 million and a net worth of more than $169 million. According to the indictment, though, Solaroli falsified the nature and scope of his assets, the value of his assets and his overall personal net worth.

Solaroli never made a single payment on the loan, resulting in One Bank’s suit against him. In 2008, the bank received a judgment in Florida for $1.5 million that Solarioli has not paid.

In addition, if Solaroli is convicted, he would forfeit the $1.5 million, according to the indictment.

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