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You are here: Home / Agriculture / Agriprocessors manager charged with bank fraud

Agriprocessors manager charged with bank fraud

November 14, 2008 By admin

The former C.E.O. of the meatpacking plant in Postville now is accused of bank fraud.

Immigration agents raided the plant in May and in October, former Agriprocessors manager Sholom Rubashkin was charged with conspiring to hire undocumented workers. He was also charged with illegally employing underage workers.

Rubashkin is now accused of bank fraud for a bookkeeping gimmick that prosecutors say inflated the value of the plant’s accounts. A judge has ordered that Rubashkin be held in jail until Wednesday. That’s when his next court hearing is scheduled.

 

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Filed Under: Agriculture, Business, Crime / Courts, Politics / Govt Tagged With: Employment and Labor, Legislature

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