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ABL Borrower Jailed for Scheme to Defraud Amalgamated

ABF Journal illustrator Jerry Gonzalez provides his take on Rodney Watts’ scheme to defraud Amalgamated Bank of $2.1 million fraudulent loans.

ABL Borrower Jailed for Scheme to Defraud Amalgamated

The former chief investment officer of GDC Acquisitions was sentenced in federal court for defrauding Amalgamated Bank, GDC’s asset-based lender, of $21 million in fraudulent loans.

May 9, 2014 Amalgamated Bank | Asset-Based Loan | C3 Capital | Rodney Watts ABF Journal

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Tag Archives: Rodney Watts

ABL Borrower Jailed for Scheme to Defraud Amalgamated

ABL Borrower Jailed for Scheme to Defraud Amalgamated