November 03, 2023
An Ohio federal judge sentenced the former owner and head of a payroll processing company to eight years' imprisonment for the $150 million check-kiting scheme he admitted to, landing much closer to the government's requested 10-year sentence than the two years the fraudster argued for.
October 27, 2023
The former owner and head of a payroll processing company asked an Ohio federal judge for a maximum of two years in prison for running a check-kiting scheme, while the federal government is pushing for 10 years, according to two sentencing memorandums filed the same day.
January 12, 2023
The former owner and head of a payroll processing company pled guilty Thursday in an Ohio federal court to a long-running check-kiting scheme that resulted in nearly $150 million in losses to KeyBank and other businesses.