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Tobacco wholesaler from Seneca Nation declares bankruptcy
Posted: Wednesday, December 7, 2011
Arthur Montour, the owner of Native Wholesale Supply on the
, has filed for bankruptcy, The Buffalo News reports.
Montour's company shipped the Seneca brand of cigarettes to tribes across the nation. He's faced numerous lawsuits from states, leaving him with more than $50 million in debt, the paper said.
Most of the money -- about $43 million -- is owed to the
Department of Agriculture
. The rest is owed to Oklahoma, New Mexico, Idaho and California for alleged violations of tobacco, taxation and other laws.
Montour is a former tribal councilor.
Get the Story:
Seneca cigarette dealer files for bankruptcy
(The Buffalo News 12/7)
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