A former employee of a Hendersonville electronic health records developer has been indicted for stealing more than $60,000 from the company.
Roger Finchum Sr. allegedly took money from MedRx Systems’ account at SunTrust Bank for purchases of snacks, gas and groceries in mid-2011. In April of that year, Finchum had been listed as a director of MedRx in a Securities and Exchange Commission filing when the company was in the pre-revenue stage.
Finchum previously was involved in Snapshot Inc., a Goodlettsville-based security industry company, as well as graphics services company Colorsmart.com. He tried to take both ventures public more than a decade ago. Check out his indictment here.
Stan Hayes, the former manager for Wilson Bank & Trust's Murfreesboro branch, is bringing more headaches to the bank's leadership. Murfreesboro bar owner Amanda Gallagher and Tony Hinson have sued the bank over Hayes' actions, which Gallagher says have resulted in two foreclosures and almost $3 million in damages. In a piece in the Murfreesboro Post, Gallagher's tone is a lot stronger than that of home builder Ken Howell.
“I was never late on any payment,” Gallagher said. “Yet, they immediately placed the loan into default with the first month of the loan and began charging me 18 percent interest without my knowledge. They never sent a letter or called me, and even today, I have been unable to obtain documentation that shows I defaulted on my loan.”
A Rutherford County jury has ordered Wilson Bank & Trust to pay $7.5 million in compensatory and punitive damages to home builder Ken Howell, his wife and two of his companies. Howell had sued after former Wilson branch manager Stan Hayes had manipulated his entities' loan accounts by forging signatures. The bank may appeal the verdict; Howell says he simply wants to close the book on the episode.
“They need to make the victims whole, and we both need to move on,” Howell said. He noted that he owes several local companies money after closing his business and plans to “square up” his accounts.
Local developer David Miller has been sentenced to 45 months in prison for orchestrating a fraud scheme revolving around some Williamson County property. Miller, one of the first developers active in Brentwood's Governor's Club, had been convicted in May of identity theft and giving false statements to banks.