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Former Executive of Wheeling Electronics Firm to be Arraigned in Alleged $17 Million

May 13, 2009
Total Loss: $17 Million
A former executive of a defunct consumer electronics business who allegedly engaged in a $17 million bank fraud scheme has been returned to Chicago to face federal charges federal law enforcement officials announced today. The defendant, Kevin M. Gore, who was chief operating officer of Computer World Solution, Inc., in suburban Wheeling, is scheduled to be arraigned Wednesday in U.S. District Court. Together with co-defendant Noel Yuan, the company's founder and president, Gore allegedly swindled Fifth Third bank by fraudulently obtaining funds through a revolving line of credit.
Source: FBI Chicago
Posted in: Deposit Account Fraud
Tags: loanover 10m