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But the only thing growing at Omni these days is the list of casualties racked up since the bank’s failure 10 months ago.
Hundreds of homes that should have been improved instead sit vacant and crumbling. Though most depositors weren’t hurt, the bank’s demise has cost the Federal Deposit Insurance Corp.’s insurance fund an estimated $289 million and wiped out shareholders who owned about half the company, once valued at about $100 million.
Meanwhile, the number of Omni-related arrests has reached four, including the bank’s co-founder, Jeffrey L. Levine, who pleaded guilty to bank fraud two weeks ago.
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