Casey Cagle lied, more than once, to the Security and Exchange Commission, SEC

Ask Mr. Lt. Gov., Lowell Stacy Cagle, about his qualifications for leading the development of Southern Heritage Bank and he'll say,

"I ran a prom dress and tuxedo rental company."

That's what he must say to be truthful and in compliance with his signed campaign disclosures.

But, he didn't say that.

He proudly said, 'I'm a business consultant for a corporation with a million shares of stock which was founded pretty much yesterday and won't exist for more than ninety days when I will abandon it."

Works for me. Worked for him. Fooled the Georgia Department of Banking and Finance. Fooled all the people investing in the bank. Well, it didn't fool those investors who knew Cagle never provided consulting services for a fee in his entire life. There's a list of those people. Most of them became members of the first Board of Directors, Southern Heritage Bank, Oakwood, Georgia.

You can read about that online with a little research through the SEC and federal government websites.

You can't get any information from Banking and Finance in Georgia. I know. I've asked.

You might ask why the under capitalized bank was allowed to open when other under capitalized banks were not.

Oh, that's right. Cagle had some sort of family connection between the bank and the state.

Just good old fashioned Southern corruption. Not a crime.