Feds Want Up To 7 Years For Ex-AFS CFO In Check Fraud

Law360, New York (September 8, 2011, 7:52 PM EDT) -- Prosecutors urged an Arkansas federal judge Thursday to sentence a former executive of defunct supermarket supplier Affiliated Foods Southwest Inc. to at least five years in prison for his involvement in an $11.6 million check-kiting scheme against U.S. Bank NA.

Found guilty in June of three counts of bank fraud, defendant Alexander “Lex” Martinez, should be sentenced to 70 to 87 months and required to pay $2.8 million in restitution to U.S. Bank, prosecutors said.

Thursday’s recommendation is higher than the 3 1/2 years Martinez's co-defendant...
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Case Information

Case Title

USA v. Martinez


Case Number

4:10-cr-00044

Court

Arkansas Eastern

Nature of Suit

Date Filed

March 3, 2010

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