KS bank latest to file suit against Kruse - Old Cars Weekly

KS bank latest to file suit against Kruse

Embattled auto auctioneer Dean Kruse faces contempt of court charges
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Hillcrest Bank of Overland Park, Kan., claims Kruse violated the terms of his loan by using three Nazi command vehicles he did not own as collateral for a loan. Kruse owes $6.5 million on the loan, which is now in default.

A hearing is scheduled for Dec. 28 in DeKalb County.

The lawsuit is only the latest in several challenges facing Kruse. The Associated Press reported that a judge ordered seizure of Kruse’s 1985 Cessna jet last month after he defaulted on the loan.


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