The extraordinary story of the Sung family, owners of Abacus Federal Savings in Chinatown, New York, who immigrated from China. Following the 2008 financial collapse, Manhattan District Attorney Cyrus R. Vance, Jr. charged Abacus with mortgage fraud, making it the only U.S. bank to face criminal prosecution. Over the course of a five-year legal struggle, the Sung family is forced to defend themselves–and their bank's reputation in the Chinatown neighborhood.
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The extraordinary story of the Sung family, owners of Abacus Federal Savings in Chinatown, New York, who immigrated from China. Following the 2008 financial collapse, Manhattan District Attorney Cyrus R. Vance, Jr. charged Abacus with mortgage fraud, making it the only U.S. bank to face criminal prosecution. Over the course of a five-year legal struggle, the Sung family is forced to defend themselves–and their bank's reputation in the Chinatown neighborhood.
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