On December 30, 2019, the Receiver filed a complaint against Trustmark National Bank, Bennie Butts, Jud Watkins, Southern Bancorp Bank, and RiverHills Bank—financial institutions and professionals who provided banking services that enabled and sustained the Madison Timber Ponzi scheme. The complaint alleges the defendants’ actions contributed to the success of the Madison Timber Ponzi scheme, and therefore to the debts of the Receivership Estate.
The following are select filings (most recent first) from the federal civil case Alysson Mills vs. Trustmark, et al., No. 3:19-cv-00941 (S.D. Miss.):