Bossier City man convicted of bank fraud
November 20, 2009
Total Loss:
$160,000
Federal prosecutors say a 62-year-old Bossier City businessman has been convicted of defrauding a bank. U.S. Attorney Donald W. Washington says William R. Hayes was convicted Thursday of defrauding the First Louisiana Bank and committing bankruptcy fraud by submitting false statements about his income. Hayes was convicted of one count of bank fraud and four counts of bankruptcy fraud. Prosecutors alleged that he fraudulently used or spent $158,000 he had pledged to pay the bank as collateral for a loan.
Source:
The Times-Picayune
Posted in:
Check Fraud