Categories
Continental Payday Loans

Procedure Skyfall: AG James Announces Convictions In $3 Million Dollar Loan Fraud And Cash Laundering Scheme

Procedure Skyfall: AG James Announces Convictions In $3 Million Dollar Loan Fraud And Cash Laundering Scheme

Kenneth Martinez and Metropolitan EnterprisesConvicted for Stealing Over $455,000 in fees

<>Three Defendants and Three businesses Plead Guilty to Felony Chargesand Must Pay an overall total of $1.5 Million in Restitution and Judgments

Kenneth Martinez, Owner of Metropolitan Enterprises, Sentenced to Three to Nine Years in jail

NEW YORK – Attorney General Letitia James today announced the felony beliefs of three individuals and three businesses, because of an investigation that is three-year fraudulent methods into the scaffolding industry carried out by the Attorney General’s workplace, with the Port Authority of brand new York and nj-new jersey, the brand new York state dept. Of Taxation and Finance (DTF), while the new york class Construction Authority. The investigation that is joint dubbed “Operation Skyfall” — unveiled that the six co-defendants involved with a two-year scheme to defraud finance institutions away from huge amount of money, then laundered the profits through numerous companies.