Modern History Project

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Franklin National Bank


United States, Financial Org    (1926 to 1974)
• Franklin National Bank of Long Island, New York -- Duck | Google | Bing
• 1926 : Founded as "Franklin Square National Bank"
• 1974 : The bank collapsed due to overextended real estate loans and other problems -- Duck | Google | Bing
Relationships
1930 1940 1950 1960 1970
SindonaMOwner
 
Life ofFranklinBank
 
Timeframe:
Related Entities -- click to view
Sindona, Michele   (Owner of, 1972 to 1974) -- Duck | Google | Bing
• 1972 : Sindona purchased controlling interest in the bank for $40M
• 1980 : Convicted of fraud and embezzlement for looting $45M from Franklin National Bank -- Duck | Google | Bing