BANGOR – Great Northern Paper Inc. became financially insolvent moments after it was sold to Inexcon Maine in 1999, when new owners Lambert Bedard and Joseph Kass transferred $9 million from GNP to Inexcon, according to a lawsuit filed this week. It was not until… Read More
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GNP suit: Illicit money transfer led to insolvency
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GNP suit: Illicit money transfer led to insolvency