Federal authorities have dismissed an indictment against Mike Ross, the developer of a floundering Rarity Club project at Nickajack Lake in Marion County. The Maryville developer was charged last November with mail fraud, wire fraud and money laundering. However, in a document filed today, prosecutor John MacCoon said, "The United States hereby moves the Court pursuant to ... (click for more)
The head of BB&T's Chattanooga commercial banking operations has been charged by federal authorities with making fraudulent loans. Tracy Brown is set to plead guilty to bank fraud on June 4. Authorities said Brown "appropriated the identities of three customers and took out fraudulent loans in their names. In October 2012, a customer of BB&T, D.M., went to the Ooltewah ... (click for more)