Bank Insider in Texas Allegedly Uses Fake Invoices, Income Tax Returns and Bank Statements To Obtain Loans in a Fraudulent Scheme: DOJ

The U.S. Attorney’s Office for the Southern District of Texas has arrested a bank insider over allegations that he masterminded a large-scale fraud scheme. Acting U.S. Attorney John G.E. Marck accuses Houston resident and local banker Siupo Ernest Mo of conspiring with others to drain millions of dollars from federally insured financial institutions. Mo allegedly […] The post Bank Insider in Texas Allegedly Uses Fake Invoices, Income Tax Returns and Bank Statements To Obtain Loans in a Fraudulent Scheme: DOJ appeared first on The Daily Hodl.