Complaint Review: Intercredit Bank NA

I had sudden cardiac arrest as a result of Bad Faith tactics by the management of Intercredit Bank. During the time I was recooperating I hired a lawyer to renegotiate a loan modification on commercial properties that are financed by Intercredit Bank, N.A. During the time that my lawyer was in the negotiations I found out that a hold was placed on three certificates of deposit my mother had in Intercredit Bank, N.A. I was never notified nor was my mother. I found out on my own. Mr. Miguel Rasco, Mr. Mauricio Laniado, and Mr. Athans Castiglia have intentionally done this to force me to accept foreclosures without a fight after they intentional did not want to modify the loans. I am writing this complaint so that anyone that has kids or family is aware that having their money in Intercredit Bank, N.A. is unsafe. Their constant use of Bad Faith tactics are a very serious matter.

They have also signed a consent order with the Comptroller of teh Currency #2007-052 for violations of the Bank Secrecy Act (AKA) Money Laundering. In fact they had three encounters with the OCC within 6 months of each other which is outrageous. A consent order simply means that they neither admit or deny the accusations. Mr. Mauricio Laniado was the former CEO of Pacific National Bank and Mr. Miguel Rasco also was the former Senior Vice President of Pacific National Bank which not only was under a seize and desist order but eventually failed. Mr. Athan Castiglia was one of the founders and CEO of Continental Bank of Miami which was also placed under a seize and desist order for which he resigned subsequent to the order.

It is interesting to note that all three banks were placed under a seize and decist order, one of them has already failed and the other two are in trouble. The OCC needs to look into this matter and ask Intercredit Bank board of directors why they have hired these three individuals that have been hired against sound business decisions.

One more important fact is that the former CEO of Pacific National Bank hired after Mr. Laniado resigned file a Federal Whistle Blower Lawsuit against Pacific National Bank for alleged money laundering activities. http://southflorida.bizjournals.com/southflorida/stories/2009/06/08/daily21.html

If you have are a victim of Intercredit Bank, NA and would like to share your situation with me please feel free to contact me at 305-xxx-xxxx (((REDACTED))). Tony H

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