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$6.1 million verdict goes against Beach Community Bank

Beach Community Bank has been ordered to pay $6.1 million to a trust created by the family of a former member of its board of directors. 

Beasley said the bank and the Shauney Irrevocable Trust were for some time manipulating money through what he called “the big loan” to try to return the bank to fiscal health. 

Read the source article at Crestview News Bulletin

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