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So there's quite a bit of speculation around how #Chalopin of #deltec was able to acquire a tiny rural bank. Chalopin jnr interview by @protos described it as an "extremely lucky find" but they didn't find it by driving through the backroads of the rural America
there was no need to wrestle control from local shareholders....or negotiating price over a couple Maryland rum's in jam jars. The bank had long gone offshore
Back in 1994, Farmingtngton Bancorp was acquired by Farmington Finance Corp Tortola, British Virgin Islands. At that time it had a whopping $1.8m in deposits
