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Leader of Bank Fraud Ring that Stole Over $4 Million from Bank of America Corporate ...

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(Source: United States Attorney's Office for the Northern District of Georgia) ATLANTA - Alwin Peterson, Jr. and three co-conspirators were sentenced late Tuesday for a bank fraud scheme that targeted over 150 Bank of America accounts and involved over $4 million in fraudulent withdrawals. 'Their criminal actions damaged not only the small businesses they targeted, but also the employees and vendors who depended on timely payments to meet their day-to-day needs,' said U.S. Attorney John Horn. 'This case reminds business owners that they need to be vigilant in protecting sensitive personal and bank account information.' 'The U.S. Secret...

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