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Chambers Bank sued by Investors

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Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
http://www.nwanews.com/adg/News/229237/

A Fayetteville investor group is suing Chambers bank over a soured land deal in Florida. This reportedly has legs especially over depositing some money in a bank then "borrowing" it back and undisclosed carried interests by principals at Chambers.

Its not their first skirt with bank laws.
 
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