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Man Cops To Conning Lenders Out Of $3M For Pita Business

Law360, New York (October 26, 2017, 9:19 PM EDT) -- A former Connecticut resident accused of duping Wells Fargo and other lenders into giving him more than $3 million to fund his pita bread manufacturing business has pled guilty to fraud charges in Connecticut federal court and will pay back that dough as restitution, prosecutors said Thursday. 

Mohsen Youssef, 27, entered guilty pleas to one count of bank fraud and one count of mail fraud in connection with what prosecutors have alleged was a scheme to secure financing for Amoun Pita and Distribution LLC and other...
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