Arvest denies knowledge of documents involved in fraud case | Arkansas Blog

Wednesday, May 14, 2014

Arvest denies knowledge of documents involved in fraud case

Posted By on Wed, May 14, 2014 at 11:58 AM

Arkansas Business has been ahead of the rest of state media  in coverage of a loan fraud investigation involving Dennis Smiley, former CEO of Arvest operations in Benton County. Today it has a report related to a document purportedly signed by another Arvest official that allowed Smiley to use Arvest stock as collateral on a loan at another bank. Arvest disclaims knowledge.

AB, at the link above and in related stories, has all the details. Smiley faces lawsuits from nearly a dozen banks for defaulting on loan agreements that could total $4.5 million. Big money and a big bank makes for an important business story.


Tags: ,

From the ArkTimes store

Favorite

Comments

Subscribe to this thread:

Add a comment

More by Max Brantley

Readers also liked…

  • IHOP coming down, but .....

    I always scan the Little Rock City Board for items of interest this week and this one caught my eye: A zoning measure required by a proposal to tear down the IHOP at Markham and University.
    • Apr 30, 2016
  • Police identify two women found fatally shot on Chicot Road

    Little Rock police have identified two women found dead of gunshot wounds in an SUV parked next to a vacant trailer in a mobile home park at 11500 Chicot Road.
    • May 16, 2017
  • Saturday's open line

    Got any thoughts? Put them here.
    • May 21, 2016

Most Shared

Most Recent Comments

  • Re: Sunday open line

    • There is very little truth in the official narrative being told by the US government…

    • on December 18, 2017
  • Re: Sunday open line

    • The truth is out there.There is very little truth in the official narrative being told…

    • on December 18, 2017
  • Re: Sunday open line

    • There is very little truth in the official narrative told related to the events surrounding…

    • on December 18, 2017

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation