US Fidelis Co-Owner Cops To Insurance, Consumer Fraud

Law360, New York (June 15, 2012, 3:42 PM EDT) -- The co-owner of bankrupt automotive service contract provider U.S. Fidelis on Thursday pled guilty in Missouri state court to his role in a scheme in which he allegedly withheld customer refunds and used as much as $71 million for personal expenses.

Cory Atkinson's attorney William S. Margulis said Friday his client pled guilty Thursday and planned to plead guilty in federal court to other charges on Monday.

"He has accepted responsibility for his actions in these cases and made the difficult decision that it was in...
To view the full article, register now.