Affiliated Ex-CFO Found Guilty Of $11.5M Check Fraud
June 9, 2011
Total Loss:
$11.5 Million
A former executive of defunct supermarket supplier Affiliated Foods Southwest Inc. was convicted in Arkansas federal court Thursday on charges that he orchestrated an $11.5 million check kiting scheme and defrauded U.S. Bank NA.
Source:
Law360
Posted in:
Check Fraud
Deposit Account Fraud