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Used car dealers charged in bank fraud

March 1, 2011
Total Loss: $1.47 million

The former owners of a Milan used car dealership are facing multiple counts of federal bank fraud alleging they defrauded a bank of nearly $1.47 million. Jens Hirsch, 44, and Pamela Hirsch, 54, both of Rock Island, made a first appearance Thursday in U.S. District Court, Rock Island, before U.S. Magistrate Thomas Shields.

Source: Quad City Business Journal
Posted in: Internal Fraud