Last Wednesday, a jury found former Trump campaign chairman Paul Manafort guilty of eight federal charges involving bank fraud and tax evasion. Yet jurors were unable to reach a consensus on the remaining ten counts, leading the judge to declare a mistrial on those charges.
Money laundering and conspiracy to defraud the federal government are just two of the charges that a local Charlotte company is facing after a grand jury voted to indict Boggs Paving in a government contracting fraud scheme. Over the last 10 years, Boggs has won as much as $88 million in federal contracts, based in part on its assertions that it regularly does business with or subcontracts to Disadvantaged Business Enterprises (DBEs).
While she was out sick, a financial fraud scheme by a former bank teller for Bank of America was discovered by her manager. Over the course of 15 years Michele Gentry managed to embezzle close to $700,000 at one branch of the national bank headquartered here in Charlotte.
Two women recently pleaded guilty and another was indicted on federal tax fraud charges that involved a scheme to defraud the government of over $5 million through the filing of false tax returns. Postal workers alerted authorities to the suspicious mail activity - multiple checks from the U.S. Treasury were being delivered to the women.
Fake checks containing real account numbers paired with names other than the owners on the accounts were used to fraudulently obtain more than $100,000 according to the Stanly County Sheriff's Office. Three men have been charged in the counterfeiting scheme and are facing an indictment on federal fraud charges.