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Father and daughter face federal white collar crimes charges

On Behalf of | Nov 18, 2020 | Uncategorized |

Michigan residents will know that business endeavors do not always go as planned. This is underscored by a case in another state in which a father and daughter’s plans to open a restaurant brought them nothing but legal problems. Alleged white collar crimes led to a recent federal indictment.

According to court documents, the 38-year-old woman and her 70-year-old father signed a lease, which promised the opening of a family restaurant in a shopping center. However, federal prosecutors say nothing came of their plans. It is alleged that the leased premises remained empty, and contractors were left unpaid.

Further allegations state that the two alleged fraudsters used the stolen identity of the woman’s grandmother, age 91, to apply for bank loans to finance the restaurant’s opening. Furthermore, records show that the defendants applied for a license to serve alcohol in the restaurant’s outside area. The daughter told the city council members that she had 18 years of experience in the restaurant industry. However, her online biography, securities filings and court records show nothing about her involvement in restaurants.

The fraud charges against the father and daughter include bank fraud involving scams to obtain loans from several banks for the financing of the restaurant that they planned to open by July or August 2019. Facing federal charges for white collar crimes is serious, and anyone in Michigan who is in a similar situation might want to retain an experienced criminal law attorney’s services. Having legal counsel can protect his or her legal rights, and an attorney will work toward obtaining the best possible outcome for the client.