Feds Ask To Sell One Bank & Trust
A change of ownership is in motion for Little Rock’s One Bank & Trust. The U.S. government has asked for a court-ordered stock sale of controlling interest in the $305 million-asset bank. read more >
A change of ownership is in motion for Little Rock’s One Bank & Trust. The U.S. government has asked for a court-ordered stock sale of controlling interest in the $305 million-asset bank. read more >
Gary Rickenbach is sentenced to two years of probation and 100 hours of community service in exchange for pleading guilty to failing to report a crime. read more >
His testimony failed to convict his former co-workers, but Gary Rickenbach is still hoping to avoid prison time for his admitted role in a fraudulent loan made by One Bank & Trust when he was its senior executive vice president. read more >
The knottiest white-collar criminal case in recent memory should finally go to trial next month, but only half of the original defendants will face the jury. read more >
An unusual plea deal struck by former One Bank & Trust executive Gary Rickenbach has delayed the trial of two of his former co-workers, Brad Paul and Mike Heald read more >
The federal criminal trial of two remaining defendants formerly of One Bank & Trust of Little Rock is still scheduled to start next week, although indications are that it will be June 1 rather than May 30. read more >
For the second straight week, I’m going to write about listening to the Chief U.S. District Judge deliver a well-reasoned message on fair play. read more >
Only a handful of lawsuits that erupted from the upheaval at One Bank & Trust continue to wind through the court system. read more >
"I think when you steal $1.5 million, you deserve prison," Chief U.S. District Judge Brian Miller of Little Rock told Alberto Solaroli, the Canadian citizen who pleaded guilty to laundering proceeds from a 2007 bank loan. read more >
While the sentence was up to Judge Holmes, defense lawyer W.H. Taylor of Fayetteville negotiated a deal in which Dennis Smiley Jr. pleaded guilty to only a single count of bank fraud — but he had to accept responsibility and restitution for more than 20 bank victims and their combined losses of nearly $5 million. read more >
The four-count criminal indictment against former One Bank & Trust executive Tom Whitehead was dismissed Thursday by U.S. District Judge Kristine G. Baker at the request of federal prosecutors. read more >
Gary Rickenbach, the former senior executive vice president of One Bank & Trust of Little Rock, offered a conditional guilty plea in federal court provided the judge agrees to sentence him to two years of probation. read more >
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. read more >
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. read more >
In a plea deal reached with the U.S. Attorney's Office in Little Rock, Albert Solaroli pleaded guilty to laundering $120,000 of the loan in exchange for having a pending bank fraud charge dismissed. read more >
A grand jury indictment names a quartet of former top executives at One Bank & Trust in an alleged conspiracy to defraud the federal government. read more >
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. read more >
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. read more >
The financial tiff between David Crews and Little Rock’s One Bank & Trust has shifted venues from Pulaski County Circuit Court to U.S. Bankruptcy Court. read more >
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. read more >
