Man sentenced to 27 years for financial fraud
Posted on Tuesday, June 22nd, 2010 at 2:53 pm
A federal judge sentenced a man, a former manager of a kosher meat packing plant, to 27 years in prison for financial fraud and illegal immigration charges.
The raid of the man’s Postville plant lead to immigration charges and bankruptcy of Agriprocessors, deportation of many illegal immigrants. The man was charged with 86 counts of financial fraud revolving around a mishandled loan from First Bank Business Capital of St. Louis.
The judge claimed that the man misled the bank repeatedly and ordered employees to create fake invoices and moved cash into secret accounts. The judge found that this behavior caused the bank to lose $26 million.
If you or a loved one needs help to overcome the harms caused by financial fraud, contact the Des Moines fraud lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600 today to discuss your legal options.