Scranton Businessman Convicted of Fraud

A Scranton businessman on trial for bank fraud and money laundering was found guilty Thursday in federal court. Joseph Donahue was convicted on 16 counts, including bank fraud, credit card fraud and lying to the FBI. After a trial that stretched for three weeks, it took the jury five hours of deliberation to find Donahue guilty on all counts. The prosecution claimed he took advantage of investors several years ago and bilked them and banks out of thousands of dollars. Members of the jury said it was a complex case with lots of evidence that led them to a guilty verdict. "It was repetitious. There was a pattern of everything that was going on. That's what took us so long to figure out, to make sure the pattern was the same over and over and over again," said jury foreman Brian Kunkel. Posted in: Internal Fraud