| http://www.w3.org/ns/prov#value | - Prosecutors later dropped the case.</p><p>Shafer's company defaulted on loans from First Guaranty in May 2008 and was hit with judgments -- which included attorney's fees and other penalties -- totaling $2.5 million.</p><p>Lending limit passed</p><p>Meanwhile, regulators pointed out that First Guaranty far exceeded its legal lending limits by providing more than $26 million to finance hotel ventur
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