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Manhattan U.S. Attorney Charges Company Executive with Multimillion-Dollar Bank Fraud

December 23, 2009
Total Loss: $2.1 million
PREET BHARARA, the United States Attorney for the Southern District of New York, and JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"), announced the unsealing of an Indictment today charging BILL SURI, a/k/a "David Miller," the owner of a furniture company called Woodkraft International Inc. ("Woodkfraft"), with defrauding four banks—Citibank, Wachovia, North Fork, and HSBC—into providing Woodkraft with a total of approximately $2.1 million in loans and lines of credit.
Source: FBI
Posted in: Internal Fraud
Tags: over 1mloan