Jury selection starts in Money Tree federal suit - WALB.com, South Georgia News, Weather, Sports

Jury selection starts in Money Tree federal suit

Albany Federal Courthouse (Source: WALB) Albany Federal Courthouse (Source: WALB)
ALBANY, GA (WALB) -

Jury selection began Monday in Albany Federal Court, in a lawsuit by investors against a Bainbridge family. The group that is suing claims they defrauded investors of hundreds of thousands of dollars, through bad business practices.

The Confirmation Committee for Small Business is the plaintiff in the lawsuit. 

Derek Martin, as the executor for the estate of Vance Martin, is one of more than a dozen family members and family owned companies named as defendants in the lawsuit.

The suit claims that Martin and his business interests  for an insolvent lending company called the 'Money Tree,' took investment capital since 2000, and used "fraudulent schemes of self-dealing for the owner's benefit, leading to the company collapse."

Fifty-seven South Georgians were called for jury selection today.

Copyright 2016 WALB.  All rights reserved.   

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Tyson plant in Dawson to close permanently

    Tyson plant in Dawson to close permanently

    Friday, May 25 2018 2:14 PM EDT2018-05-25 18:14:33 GMT
    Officials with Tyson Foods announced Friday that the plant in Dawson will permanently close. (Source: WALB)Officials with Tyson Foods announced Friday that the plant in Dawson will permanently close. (Source: WALB)

    Officials with Tyson Foods announced Friday that the plant in Dawson will permanently close. The poultry facility employs 300 people.

    More >>

    Officials with Tyson Foods announced Friday that the plant in Dawson will permanently close. The poultry facility employs 300 people.

    More >>
  • Woman OK after morning car fire in Albany

    Woman OK after morning car fire in Albany

    Friday, May 25 2018 12:36 PM EDT2018-05-25 16:36:43 GMT
    Crews work to put out car fire (Source: WALB)Crews work to put out car fire (Source: WALB)
    Crews work to put out car fire (Source: WALB)Crews work to put out car fire (Source: WALB)

    The passenger of a car that caught on fire Friday morning is OK. A woman said she was driving to work on GA Highway 300 when she took the Slappey Boulevard South exit. 

    More >>

    The passenger of a car that caught on fire Friday morning is OK. A woman said she was driving to work on GA Highway 300 when she took the Slappey Boulevard South exit. 

    More >>
  • Trees could causes issues after heavy rain

    Trees could causes issues after heavy rain

    Friday, May 25 2018 12:32 PM EDT2018-05-25 16:32:26 GMT
    Harper Tree Service working in East Albany on a removal project (Source WALB)Harper Tree Service working in East Albany on a removal project (Source WALB)
    Harper Tree Service working in East Albany on a removal project (Source WALB)Harper Tree Service working in East Albany on a removal project (Source WALB)

    Rain is expected over the weekend and one major concern right now is falling trees. The moist ground after weeks of dry weather making tree susceptible to toppling over.

    More >>

    Rain is expected over the weekend and one major concern right now is falling trees. The moist ground after weeks of dry weather making tree susceptible to toppling over.

    More >>
Powered by Frankly