Deadline Detroit | Southfield Bank Founder Linked to Major Fraud Case
Scott Seligman (DepositPhotos) Sterling Bank & Trust founder Scott Seligman, a minority owner of the San Francisco Giants, is implicated in a major fraud case. Robert Snell of The Detroit News reports that Seligman: Knew about and provided "encouragement" for a years-long criminal conspiracy involving a loan program that helped his family reap a $115 million windfall, according to federal court records. Seligman has not been charged with wrongdoing, but the alleged conspiracy surfaced in a new criminal case that follows months of questions raised in a separate civil lawsuit about money ...
Source: deadlinedetroit.com