Community Bank & Trust, taken over by state and federal bank regulators Friday night and sold to Orangeburg, SC-based SCBT N.A. Saturday, was a victim of both fraud and bad loans, a former official insists.
“There’s some people in our company going to jail,” said Elton Collins, who until Friday evening at 5:00 was president of Jackson County operations. “I know damn well they’re going to jail.”
Display comments as (Linear | Threaded)