Bank May Have Aided in Fraud
Posted on Thursday, April 23rd, 2009 at 5:30 am
An entrepreneur and the West Des Moines bank that may have helped him are facing fraud charges for misspending as much as $2 million in construction loans.
The entrepreneur allegedly took the money for construction of a building that does not exist, and funneled more through a construction company that is bankrupt. Bank Iowa of West Des Moines allegedly aided in these thefts.
If you have been a victim of fraud, contact the Des Moines business attorneys of LaMarca Law Group, P.C., PC at (877) 327-2600.