A NY Restaurateur Used a ‘Catch Me If You Can’ Banking Trick to Pull Off a $20 Million Fraud

A NY Restaurateur Used a ‘Catch Me If You Can’ Banking Trick to Pull Off a $20 Million Fraud

Katherine Mott-Formicola, who pleaded guilty to financial institution fraud and money laundering, is scheduled for sentencing April 30 after a scheme that drained millions from Five Star Bank.

Original Source

Read the full article at Inc →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.