An ex-Eastern International Bank chief financial officer has pled guilty to defrauding the bank out of more than $700,000 to pay his personal expenses, and he admitted to opening life insurance policies in the names of bank employees to benefit his wife, according to the U.S. Department of Justice.
Ex-Bank CFO Cops To $700K Theft And Life Insurance Scam
by usoftax_admin | Feb 26, 2024 | Tax News