Repario Demonstrates Exceptional eDiscovery Expertise in High-Profile Bank Fraud Case
30 Abril 2024 - 9:00AM
Business Wire
Repario’s eDiscovery Contribution Leads to Breakthrough in
Complex Fraud Case
Repario, a leading provider of eDiscovery services, proudly
announces its pivotal role in a high-profile bank fraud
investigation. Partnering with Central National Bank, Repario
played a critical role in uncovering a multimillion-dollar fraud
scheme, leading to a federal indictment and conviction. This case
serves as a testament to Repario's commitment to delivering
immediate value and strengthening its position as a trusted
eDiscovery partner in the financial sector.
Case Summary
In November 2020, Central National Bank faced a daunting
challenge. The bank discovered a $2,700,000 fraud scheme
perpetrated by a loan customer, requiring extensive investigation
over several years. The complexity of the case demanded
sophisticated eDiscovery techniques to uncover vital evidence.
A Partnership Yielding Tangible Justice
The collaborative efforts of Repario and Central National Bank
resulted in significant legal consequences for the perpetrator.
“Their dedication and expertise first resulted in Mr. Smith serving
150 days in jail for civil contempt. The ultimate result was a
guilty plea, a $2,800,000 restitution order, and a significant
federal prison sentence for Mr. Smith,” said Michael R. Munson,
General Counsel at Central National Bank.
Repario not only excels in technological prowess but also in its
holistic approach to client challenges. “Not many companies have
all three, but Repario is uniquely positioned to be able to bring
the people, processes, and technology together to drive
objective-based outcomes for our clients. We are glad that justice
has been served,” stated Gabe Wiechman, Shareholder and Vice
President at Repario, highlighting Repario’s unique ability to
blend human expertise with technological innovation for outstanding
results.
Setting a New Standard in eDiscovery for Banks and Customer
Success
“Repario was the critical partner in our investigation,” said
Sara E. Girard, Central National Bank President and CEO. “Their
eDiscovery services uncovered the evidence that led to FBI
involvement, a federal indictment, and guilty plea. The Repario
team was highly skilled and professional, and they were able to
analyze an extensive volume of data with accurate filtering that
provided relevant information quickly. Repario’s eDiscovery cracked
this case and led to a resolution that would have never occurred
without their assistance."
“The outcome would likely have been much different without the
high-quality, professional service they provided. We want to extend
our thanks to the entire Repario team for the exceptional work that
ensured justice was served, in a case that was very important to
our financial institution,” said Munson.
About Repario
Repario is a global provider of eDiscovery, investigation,
information governance, and managed review services. With a track
record of assisting high-profile clients in complex legal
situations, Repario continues to establish itself as a beacon of
reliability and innovation in legal technology solutions.
About Central National Bank
Central National Bank offers financing options for new projects,
such as home equity lines of credit, personal checking and savings
accounts, and auto loans. Central National Bank has locations in 22
Kansas and Nebraska communities.
For more details about Repario's team and the innovative
solutions they offer, please visit www.repariodata.com or contact
Repario’s media relations team.
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