The story of an old Marine who was robbed by his banker at the point of a pen. Chuck Kimball had his life savings invested in a new inn and restaurant he built on shores of the Potomac River. Learn how his banker created a phantom corporation and, under threat of foreclosure, ordered Kimball to turn over his property and then forced him into foreclosure. With the additional threat of losing his ho...
Paperback: 88 pages
Publisher: CreateSpace Independent Publishing Platform (February 25, 2013)
Product Dimensions: 5 x 0.2 x 8 inches
Amazon Rank: 588872
Format: PDF ePub Text TXT fb2 ebook
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Not all bankers are crooks - not all crooks are bankers - but thankfully I don't live in Maryland - certainly a very corrupt state - maybe because it is a direct link to DC.- Politicians of all parties are the crooks of today - some are just more cr...
k took away his life's work and ironically, Kimball never missed a mortgage payment.Kimball has never given up and has pleaded for help from regulators, the Maryland Attorney General and the Attorney Grievance Commission, all of whom have done nothing to help him recover his property. Who was Kimball to appeal to assist him? Attorney General Doug Gansler, the Maryland United States Senators, his Congressman --- none of them. They all had been in the same money club as the banker and his board of directors the Maryland Good Old Boys.There was one other victim besides Kimball. Maryland Bank and Trust CEO Tom Watts assisted Kimball in having his longtime friend Dr. Ngozika Nwaneri loan $2 million dollars into making it over the top on the final construction costs. The doctor, who had loaned Kimball the $2 million, put another one million on deposit in the bank and told Watts to use it to make the monthly payments as the new hotel and seafood restaurant struggled to make it in the Great Recession. But the Bank and Watts were intent on grabbing the property and never let Dr. Nwaneri know he was going to snatch the property and leave the doctor holding the bag.Kimball says he will never give up.