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Kevin Lewis

ABPG isn't an easy name to spell out over the phone, but it now officially belongs to the company that owns Arkansas Business Publishing Group.
Banking & Finance / Construction / Legal / Media & Marketing / Real Estate

War Stories (Gwen Moritz Editor’s Note)

This reporting staff has seen a lot of Arkansas business history. read more >
Agriculture & Poultry / Banking & Finance / Insurance / Investments / Legal / Media & Marketing / Public Companies

Trust But Verify (Gwen Moritz Editor’s Note)

Misplaced trust is a common theme in the fraud cases I’ve observed over the past two decades, as is the failure to make simple, routine checks. read more >
Randy Dennis, president and managing partner of DD&F Consulting Group of Little Rock
Banking & Finance / Government & Politics / Legal

New Pitch for Bank Charter Takes FlightLock Icon

Randy Dennis’ firm, DD&F Consulting Group of Little Rock, has been involved in something that’s even more unusual than a bank acquisition in 2020: a brand-new bank charter. read more >
Investments / Legal / Media & Marketing

Farther Along (Gwen Moritz Editor’s Note)

Oh, to have the power to subpoena people who could answer my burning questions and then force them to speak under oath! Some of the questions I still want answered date back a decade and more: read more >
Banking & Finance / Business Services / Investments / Legal / Media & Marketing

Grown-Up Money (Gwen Moritz Editor’s Note)

Nothing I’ve learned from nearly 19 years as editor of Arkansas Business resonates more than this: Wealth and the appearance of wealth are two different things. And yet we fall for appearances over and over again. read more >
Banking & Finance / Investments

Pinnacle, Central Bank Combo Builds Assets To $200M

There are a lot of moving parts to the acquisition equation in the pending merger of Pinnacle Bank of Rogers and Central Bank of Little Rock. read more >
Walter Quinn’s Colorado home near Aspen is marked for sale.
Banking & Finance / Investments / Legal / Real Estate

Creditors Force Sale of Walter Quinn’s Aspen Condo

A new spiral is taking shape in the Lex Golden-Allied Bank-Walter Quinn nexus. read more >
Former Southern Bank of Batesville execs Jim Haynes, EVP and chief lending officer; Woody Castleberry, president and CEO; and Bill Patton, chief operating officer
Banking & Finance / Business Services / Investments / Legal / Media & Marketing

Blocking And Tackling (Gwen Moritz Editor’s Note)

It's easy in hindsight to spot errors. I don’t know enough about auditing to know whether BKD’s auditors were incompetent. I do know from hard experience that errors often seem obvious in hindsight, and while they may be the result of lazy technique, some errors are virtually unavoidable. read more >
Banking & Finance / Business Services / Government & Politics / Insurance / Legal

BKD Agrees to $4 Million Settlement with FDIC

Accounting firm BKD LLP agreed to pay the FDIC $4 million to settle a federal lawsuit tied to the 2010 failure of First Southern Bank of Batesville. read more >
Kevin Lewis
Banking & Finance / Business Services / Investments / Legal

BKD Settles With FDIC Over Kevin Lewis Fraud

The Federal Deposit Insurance Corp. last week settled its lawsuit against the accounting firm BKD LLP, just days before the trial was scheduled to begin in U.S. District Court in Little Rock. read more >
Kevin Lewis (inset) was convicted of defrauding First Southern Bank of Batesville out of $23.3 million.
Banking & Finance / Business Services / Investments / Legal

In Fraud By Kevin Lewis, Blame Is On Trial

In a civil trial scheduled to start next Monday, the Federal Deposit Insurance Corp. will blame regional accounting firm BKD LLC for failing to uncover the massive fraud that led to the 2010 failure of First Southern Bank of Batesville. read more >
Business Services / Legal

Arkansas Greed (Gwen Moritz Editor’s Note)

A typical organization — business, nonprofit, government, whatever — loses 5 percent of revenue to fraud in any given year. read more >
Lex Golden and Alex Golden
Banking & Finance / Insurance / Legal

Acme Bankruptcy Proceedings Reveal Kevin Lewis Loss

A fractious relationship between Hildene Capital Management and Acme Holding Co. was evident in the April 2-3 courtroom interaction between Rex Terry of Fort Smith, Hildene’s local counsel, and Lex and Alex Golden of Little Rock. read more >
Kevin Lewis (inset) was convicted of defrauding First Southern Bank of Batesville out of $23.3 million.
Banking & Finance / Government & Politics / Insurance / Legal

First Southern Bank Missed Red Flags With Kevin Lewis Fraud, BKD Says

The accounting firm BKD LLC is blaming the collapse of First Southern Bank in Batesville on the failure of bank officers and officials to detect former Little Rock attorney Kevin Lewis’ fraud. read more >
Bank regulators shut down First Southern Bank of Batesville in 2010, after the discovery of Kevin Lewis’ fake improvement district bond scheme. | (Photo by Mark Friedman)
Banking & Finance / Government & Politics / Health Care / Legal

No Banking Future for Former First Southern CEO Woody Castleberry

Thanks to the fraud of convicted former Little Rock attorney Kevin Lewis, Woody Castleberry will never work in banking again. Castleberry told us last week that his settlement with the Federal Deposit Insurance Corp. was finally approved. He won’t have to pay a penalty, but he agreed never to be involved in banking again. read more >
Kevin Lewis, right, and attorney Tim Dudley walk to U.S. District Court in Little Rock. | (Photo by Gwen Moritz)
Banking & Finance / Government & Politics / Insurance / Investments / Legal

FDIC Still Mopping Up Kevin Lewis’ Fraud Mess

More than two-and-a-half years after former Little Rock attorney Kevin Lewis was sentenced to 10 years in federal prison for bank fraud, the Federal Deposit Insurance Corp. continues to clean up his mess. read more >
Lex and Alex Golden, father and son executives at Acme Holding Co., are fending off creditors with a Chapter 11 bankruptcy filing in hopes of preserving equity in Acme’s ownership of the $138 million-asset  Allied Bank of Mulberry (Crawford County). | (Photo by Jason Burt)
Banking & Finance / Investments / Legal

Acme Files Chapter 11 to Avoid Takeover

The parent company of Allied Bank of Mulberry was steered into bankruptcy to stave off a possible takeover by a fellow lender. The defensive move buys Acme Holding Co. more time to work out a solution with Chambers Bank of Danville and other creditors. read more >
Kevin Lewis used his bogus bonds as collateral in 2007 to buy this $1.2 million, 6,700-SF home in west Little Rock. (Photo by Jason Burt)
Business Services / Insurance / Investments / Legal / Public Companies / Real Estate

Process Server Relates ‘Look of Terror’ on Face of Bond Scammer Kevin Lewis

Kevin Lewis wasn’t a high-profile guy until he started attracting lawsuits and the attention of federal investigators in connection with allegations of bank fraud involving multiple lenders. The day-to-day whereabouts of Lewis might be as enigmatic as the man, but Andy Myers can tell you where Lewis was on Feb. 3. That’s the day he caught up with Lewis at his parents’ home in Searcy. read more >
Kevin Lewis, right, and attorney Tim Dudley walk to U.S. District Court in Little Rock. | (Photo by Gwen Moritz)
Banking & Finance / Business Services / Government & Politics / Legal

FDIC Points Finger at Accounting Firm for Missed Opportunities in Kevin Lewis Fraud

The Federal Deposit Insurance Corp. is blaming BKD LLP, the Springfield, Mo., accounting firm with a large Little Rock office, for allowing Kevin Lewis’ fraud to go undetected long enough to destroy First Southern Bank of Batesville. read more >
Banking & Finance / Construction / Real Estate

New Kanis Plaza Owner Arrives in $1.5M Sale (Real Deals)

Roach Exchange Holdings LLC, led by Gary Roach, bought Kanis Plaza at 10809 Kanis Road. The deal is backed with a 20-year loan of $1.24 million from BancorpSouth Bank of Tupelo, Miss. read more >