Two Fargo banks sue Denny Hecker
Go Deeper.
Create an account or log in to save stories.
Like this?
Thanks for liking this story! We have added it to a list of your favorite stories.
Bankrupt Minnesota businessman Denny Hecker's legal troubles now include lawsuits filed by two North Dakota banks seeking nearly $20 million.
Hecker hasn't been charged with a crime but reportedly owes $767 million to creditors, including Chrysler Financial and banks around the country.
According to court documents, Cornerstone Bank in Fargo reported a loss to Hecker of nearly $13 million that he obtained by "false financial statements." Cornerstone transferred the debt to Blackstone Financial.
Vision Bank in Fargo also filed a lawsuit seeking more than $7 million from Hecker.
---
Information from: The Forum
Turn Up Your Support
MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all.