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Benjamin P. Bean, Michael A. Friedman, John H. Genovese and Robert F. Elgidely, of Genovese Joblove & Battista.Benjamin P. Bean, Michael A. Friedman, John H. Genovese and Robert F. Elgidely, of Genovese Joblove & Battista. (J. Albert Diaz)

A large southeastern community bank agreed to pay $9 million to settle claims that it knew about a customer’s alleged check-kiting scheme and elbowed out other victims as it raced to recover loaned funds.

Columbus, Georgia-based Synovus Bank did not admit any wrongdoing as part of the July 25 settlement reached in mediation with South Florida attorneys who represent a bankruptcy trustee for the customer, Frank Mongelluzzi.

“Although Synovus has agreed to settle the case, we continue to disagree adamantly with the allegations, which relate to events that took place more than six years ago,” a Synovus spokesman said in an email. “We are satisfied that resolving the matter at this time is in the best interests of all parties involved.”

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