Larry Kuca former head of Madison Financial, a subsidiary of Madison Guaranty

Madison Guaranty

Madison Guaranty was a Little Rock, Arkansas financial trust company.Starting in 1982 and operated by Jim McDougal-Susan McDougal Madison Guaranty Savings and Loan failed in the late 1980s. On April 14, 1997, Jim McDougal was convicted of 18 felony counts of fraud conspiracy charges...

Larry Kuca pleaded guilty to one misdemeanor for defrauding the US Small Business Administration

Small Business Administration

The Small Business Administration is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses...

 of a $150,000 loan together with David Hale

David Hale (Whitewater)

David Hale is a former Arkansas municipal judge, a former Arkansas banker, and a self proclaimed Bill Clinton political supporter—though he never made substantial contributions to any of his campaigns. He alleged the charges that resulted in the Whitewater scandal trials. He worked with Jim...

 in July 1995. Madison Financial and Madison Guaranty

Madison Guaranty

Madison Guaranty was a Little Rock, Arkansas financial trust company.Starting in 1982 and operated by Jim McDougal-Susan McDougal Madison Guaranty Savings and Loan failed in the late 1980s. On April 14, 1997, Jim McDougal was convicted of 18 felony counts of fraud conspiracy charges...

 were owned and run by Jim McDougal

Jim McDougal

James B. "Jim" McDougal , a native of White County, Arkansas, and his wife, Susan McDougal , were financial partners with Bill Clinton and Hillary Rodham Clinton in the real estate venture that led to the Whitewater political scandal of the 1990s...

 and Susan McDougal

Susan McDougal

Susan McDougal is one of the few people who served prison time as a result of the Whitewater controversy although fifteen individuals were convicted of various federal charges...

. Larry Kuca crime was uncovered under Kenneth Starr

Kenneth Starr

Kenneth Winston "Ken" Starr is an American lawyer and educational administrator who has also been a federal judge. He is best known for his investigation of figures during the Clinton administration....

's Whitewater

Whitewater (controversy)

The Whitewater controversy was an American politics controversy that began with the real estate investments of Bill and Hillary Clinton and their associates, Jim and Susan McDougal in the Whitewater Development Corporation, a failed business venture in the 1970s and 1980s.A New York...

investigation. On March 5, 1998 Larry Kuca was permanently barred from practicing law in Arkansas. He came into fornt page National news as a result of the Whitewater investigations.

External links

• Arkansas Court ADVANCE REPORTS, March 5, 1998
• Whitewater Subject in Plea NY Times U.S. News, July 16, 1995
• Caught in the Whitewater Quagmire Washington Post August 28, 1995; Page A01