May 16, 2013

Wells Fargo sues Birmingham Health Care for credit card debt

BIRMINGHAM, Alabama -- Wells Fargo Bank filed suit against Birmingham Health Care today seeking $144,729 plus interest and other fees it says the organization owes on credit cards issued to the former CEO and former CFO.

The civil suit filed in U.S. District Court in Birmingham states the bank issued the cards to Jonathan Dunning and Terri Mollica to use for business-related expenses effective May 12, 2008. At the time Dunning was CEO and Mollica, CFO. Both have since left the nonprofit health center.

The bank at the time was Wachovia prior to a merger with Wells Fargo.

According to the lawsuit, Birmingham Health Care agreed to pay outstanding balances at the end of each monthly billing cycle. The company had a credit limit of $175,000, according to documents submitted to the court.

Wells Fargo said the company defaulted for "among other reasons, failing to pay the outstanding balances" and has not made a payment since April of 2012.

blog.al.com

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