Subscribe Register Login
Tuesday, December 12, 2017, 4:38 a.m.

ADVERTISEMENT

Top Picks - Arkansas Daily Deal

Bank awarded $2.1M from state senator, wife

By Dave Hughes

This article was published November 22, 2017 at 4:30 a.m.

Jake Files



A circuit judge has filed a judgment against state Sen. Jake Files and his wife for more than $2.1 million for defaulting on loans for which they pledged their home, his business office and another house as collateral.



This story is only available from the Arkansas Online archives. Stories can be purchased individually for $2.95. Click here to search for this story in the archives.

Print Headline: Booneville bank awarded $2.1M from Files, wife; Senator, spouse in default on loans; 2 houses pledged

ADVERTISEMENT

Comments on: Bank awarded $2.1M from state senator, wife

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 6 of 6 total comments

WGT says... November 22, 2017 at 6:13 a.m.

...and there you go. Money corrupts. Doesn’t matter what political affiliation. They let it snowball and the whole bag got away. Sad.

( | suggest removal )

RBear says... November 22, 2017 at 6:25 a.m.

This is the same Republican who was under investigation for wire fraud. I'm amazed he has been allowed to serve this long, especially as chair of the taxation committee. His financial dealings should disqualify him from serving in any role involving fiscal matters of the state. Looking at the house at 300 Free Ferry Landing, I'm shocked at the largesse of the property and how he ever thought he could get away with this. This is utter corruption at its worst.
...
To add to that, his family will now suffer from the house of cards he and his wife built in their quest for power.

( | suggest removal )

Murphy01 says... November 22, 2017 at 6:54 a.m.

Needs to resign immediately. Embarrassing

( | suggest removal )

FayFan says... November 22, 2017 at 9 a.m.

This level of arrogance, greed, and corruption appears rampant these days. No wonder our country is disenchanted with our elected leaders. So -- why do we keep electing them and to echo RBear, why are they allowed to continue to serve?

Beware that the "Tax Bill" presently under consideration by Congress, if passed, will increase and perpetuate the divide between the "haves" and the "have nots," and stories like this will become so common they cease to be newsworthy.

( | suggest removal )

Whippersnapper says... November 22, 2017 at 9:50 a.m.

Files has always been a piece of work. I remember reading emails (FOI'ed) where officials in Fort Smith praised him for helping ensure (in his role as a legislator) that it would be harder for the voters of Fort Smith to have a say in their taxes at the polls.

( | suggest removal )

KnuckleBall says... November 22, 2017 at 12:52 p.m.

He does not have the decency to resign... this is all fake news...!!!!

( | suggest removal )

  • page
  • 1
Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

ADVERTISEMENT

SHOPPING

loading...

ADVERTISEMENT

Top Picks - Arkansas Daily Deal
Arkansas Online