Mass. Fraudster Pleads Guilty To Lending Conspiracy

Law360, New York (November 23, 2010, 6:50 PM EST) -- A Massachusetts man has pled guilty to federal felony charges of wire fraud and conspiracy in connection with a scheme to defraud a Lunenberg, Mass.-based plastics manufacturer's lenders of millions of dollars.

Former Gitto/Global Corp. controller William Deakin entered his plea in the U.S. District Court for the District of Massachusetts on Monday, with a sentencing scheduled for Feb. 15.

From 1998 to September 2004 the principals of Gitto/Global conducted a massive fraud scheme against the company's bankers by systematically overstating the company’s sales and inventory,...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

USA v. Miller et al


Case Number

4:08-cr-40026

Court

Massachusetts

Nature of Suit

Judge

F. Dennis Saylor, IV

Date Filed

September 10, 2008

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.