DOJ Takes Aim Over Alleged ABN-Amro Overbilling

Law360, New York (December 6, 2007, 12:00 AM EST) -- The U.S. Department of Justice has accused a former ABN Amro Holding NV executive of teaming up with the head of an Illinois-based security firm to carry out a massive fraud scheme that purportedly bilked the Dutch financial giant out of $45 million.

On Wednesday, Chicago U.S. Attorney Patrick Fitzgerald revealed that George Konjuch had been charged with bank fraud, bank bribery and income tax fraud after allegedly reaping $400,000 in connection with the plan.

Prosecutors also slapped Navarette Industries head Armando Navarette with bank fraud,...
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