October 21, 2011
The former chief financial officer of supermarket supplier Affiliated Foods Southwest Inc. has been sentenced to serve a year and a day in prison for his role in an $11.5 million check-kiting scheme involving U.S. Bank NA, according to a judgment issued Wednesday.
October 12, 2011
Federal prosecutors in Arkansas said Wednesday that a former chief financial officer of defunct supermarket supplier Affiliated Foods Southwest Inc. should pay more than $5.1 million for his involvement in a multimillion-dollar check fraud against U.S. Bank NA.
September 08, 2011
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.
August 30, 2011
Disgraced former supermarket executive Alexander "Lex" Martinez on Friday asked for a more lenient sentencing guideline in Arkansas to reflect that he did not profit from an $11.5 million check-kiting scheme against U.S. Bank while at Affiliated Foods Southwest Inc.