Crown Bank: Crown Bank customers sue former CEO, claim Ponzi scheme

Customers of Edina's Crown Bank, including an ex-banking commissioner and the former chairman of Minnesota's Republican Party, are suing the bank's parent company and its former CEO, claiming they were bilked out of millions of dollars. The Star Tribune reports on the lawsuit against Crown Bancshares and ex-CEO Peter Dahl, who left the bank last summer. Plaintiffs include Michael Pint, a former Minnesota banking commissioner, biotech investor Asim Baig and three companies affiliated with Ronald...