MD COFR cancels interview with Frank Ward

have to change their tactics — when it comes to dealing with frank ward. the commissioner of financial regulation issued a subpoena for the salisbury businessman to appear in baltimore this morning. however the commissioner canceled the meeting — since it did not appear that ward or his attorney had intentions of showing up. this meeting was the latest effort of the department of labor, licensing and regulation — to get ward and his employee annette coston to pay the hundreds of thousand of dollars in fines and restitution — he owes to the state and his victims — for a mortgage fraud scheme. we’re told the agency does not have any intention of rescheduling the interview — and the commissioner is now exploring other avenues of enforcement. if ward and coston fail to comply with orders to pay — they could eventually be held in contempt of court — which could lead to prison time. if you have any information related to this case — call the commissioner of financial regulation. we have their number on our website.