Ponte Vedra company in $30M legal battle with Wells Fargo
Oh, and Richard Willich was also a big financial donor to our wildly popular Governor Rick Scott.....A Ponte Vedra Beach company that provides medical services to prisons is in a legal battle with one of the nation’s largest banks, and up to $30 million could be at stake.
MDI Holdings and Wells Fargo have filed suit against each other in the past week.
The financial institution — which got the company’s business through a merger with Wachovia Bank — claims MDI owner Richard Willich spent money on himself, not his work.
Willich used loans to buy a 2010 Tesla Roadster, a high-end electric vehicle, according to court documents. Wells Fargo also claims Willich loaned himself $4.9 million for his farm and more than $300,000 for a biography and screenplay about his life.
A security worker at the front desk of MDI’s headquarters in the Nocatee community was told that no one would comment on behalf of the company. A vehicle cover featuring a Tesla emblem protected a car with a sporty body style in MDI’s gated parking lot....
To paraphrase Somerset Maugham: Florida = A sunny place for shady people?