Thursday, May 08, 2003

Former CEO of medical lab firm charged with loan fraud of $8.5 million

The former head of the NE TN pathology firm that recently filed for bankruptcy has been charged by federal authorities with "fraudulently obtaining more than $8.5 million in loans" according to this report, which says that law enforcement officials are saying that accused "secured the loans without the company’s knowledge, using documents that bore . . . forged signatures."

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