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Family Rally Behind Banker Facing Prison in Dart Case
Mason Michigan AP report notes James A. Dart, 49, facing up to 90 years and a $30,000 fine for misapplication of $370,000 at his family bank. His relatives and townspeople defend him, insisting the bank remains the priority while restitution is arranged. Co-defendant Paul P. Chien is charged as well in a federal six-count indictment. The Dart family previously pooled resources to cover losses as the bank reported $7.8 million in assets and 5,000 depositors. The FBI ties a check-kiting scheme to more than a million dollars, discovered after an overdraft flagged by a Michigan National Bank officer.
MENTIONED IN THIS ARTICLE
Mason, Mich
James A. Dart
Jim
Rollin B. Hart
Hart
Dart
FBI
Paul P. Chien
East Lansing
Mich
Rollin C. Dart
Ingham County
James Dart
John
William
Dart Manufacturing Co
Lawrence Smith
Bank
Chien
U.S.A
Mason
Michigan National Bank