The Cincinnati Enquirer reported that Orlando Carter, the founder of Dynus Corp., filed a lawsuit for $500 million in damages against Fifth Third Bank and PNC Bank, along with politicians of Butler County, OH and John Boehner.
According to the Enquirer, Carter, who is currently imprisoned on five counts of bank fraud, claims that the charges levied against him are not true.
The Enquirer said the list of defendants in the lawsuit includes Fifth Third Bank as well as Ralph Martinez, chief operating officer of PNC Equipment Finance and National City Commercial Capital; Thomas Barnhart III, attorney for of PNC Equipment Finance and National City Commercial Capital and Vince Rinaldi, CEO of PNC Equipment Finance and National City Commercial Capital.
The core purpose of a UCC financing statement is to give notice to secured parties, lien creditors, purchasers and other third parties that the secured party identified in the financing statement claims an interest in the collateral described in the... read more
Have you ever been driving on a highway when the driver in front of you suddenly slams on the brakes? This happened to me recently, and I immediately hit my brakes, checked my mirrors and prayed that the guy behind... read more