Park Avenue Bank Closed - President Arrested
Posted by US Loan Auditors in
Mortgage Crisis on 05 14th, 2010 |
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The Park Avenue Bank in Manhattan was closed by the New York State Banking Department on March 12th and The Federal Deposit Insurance Corporation was appointed the receiver. The bank’s President Charles J. Antonucci was arrested on charges of bribery, wire fraud and embezzlement on the New York State...