Friday, July 29, 2016
How Time Goes By......
Almost three years ago, the FDIC closed down the corrupt and ineptly managed bank First National Bank of Edinburg.
In the majority of cases the FDIC has indicted directors (guys like David Rogers, Robert Gandy and Michael McCarthy) of failed banks where fraud has been alleged, the indictments are typically served just prior to the three year statute of limitations on the three year annivesary of shutting down the institution.
(Of course, if the FDIC really suspects there is fraud, they can get it little more time).
So what will that mean as the Tundra Village Lawsuit proceeds???