Ex-Lender Agrees To $1M FDIC Order After Enforcement Battle

By Emilie Ruscoe ( December 3, 2024, 7:46 PM EST) -- A retired small business financier has agreed to pay $1 million in restitution to end administrative Federal Deposit Insurance Corp. allegations of a fraudulent bridge loan scheme, with the agreement coming after his most recent constitutional challenges to the agency's structure fell flat in October....

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