Former car dealer to pay restitution for bank fraud
January 12, 2010
Total Loss:
$330,052
John P. Tardelli, a former Potsdam car dealer, was ordered to pay $330,052 in restitution Monday in U.S. District Court, Syracuse, for defrauding a bank. He admitted to not repaying Community Bank N.A. after it financed several vehicles for Tardelli Auto Sales and Service on Route 11 from 2004 to 2006, federal court records show. Mr. Tardelli pleaded guilty in December 2008 to bank fraud.
Source:
Watertown Daily Times
Posted in:
Internal Fraud