$3.6M in Debt, Photo School President Faces Fraud Charges

October 19, 2010

By David Walker

Behind the scenes at the Hallmark Institute of Photography in Turners Falls, Massachusetts, president and former owner George J. Rosa III has filed for bankruptcy to clear $3.6 million in personal debt, and he’s facing fraud charges from a bank he owes nearly $2.2 million. United Bank of Springfield alleges that Rosa kept two set of books for HIP to...

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