US Fidelis Co-Owner Admits Role Again In $70M Fraud

Law360, New York (June 20, 2012, 7:07 PM EDT) -- Cory Atkinson, the former owner of bankrupt automotive service contract provider U.S. Fidelis, pled guilty on Monday in Missouri federal court to charges stemming from his theft of as much as $71 million in customer refunds and using it for personal expenses.

It was the second time in a week Atkinson had faced the music for his role in the scheme, which also involved his brother.

On Monday he pled guilty to one felony count of conspiracy to commit mail and wire fraud and one felony...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

USA v. Atkinson et al


Case Number

4:12-cr-00122

Court

Missouri Eastern

Nature of Suit

Date Filed

March 29, 2012

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.