Wednesday, July 21, 2010

Multi-Million Dollar Lawsuit Against Former Mashantucket Pequot Chairman Underway

Feather News

Testimony in a lawsuit brought by Sovereign Bank against former Mashantucket Pequot tribal council chairman Michael Thomas began yesterday in New London Superior Court.

The civil case revolves around an unpaid loan, now totaling $6.5 million according to The Day newspaper, made to Thomas by Sovereign Bank which Thomas claimed was made by the bank in order to "to influence or reward an agent of an Indian tribal government" in violation of federal statutes.

The trial is set to resume today at 10 a.m. at the courthouse.