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Owner of Real Estate Firm Indicted on Bank Fraud


September 2, 2010
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More than $100,000 was allegedly defrauded from Montgomery Bank, a St. Louis, MO, area bank. The real estate firm hired a subcontractor to perform interior demolition work, with a loan obtained from Montgomery Bank. Allegedly false and fraudulent inflated bills were submitted for reimbursement by the bank. Read the full story here.

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