Wow! How did I miss that??? You made my day with the news. Good things come to those who wait.
U.S. Department of Justice
United States Attorney
Southern District of New York
MONDAY, OCTOBER 1, 2012
Indictment Filed Charging Financial Executives with Fraudulent Schemes
A 13-count indictment was unsealed today charging Wilbur Anthony Huff, a Kentucky bus inessman, and Matthew L. Morris, the former senior vice president of Park Avenue Bank, with conspiracy to commit bank bribery, bank and insurance fraud, and theft of $2.3 million from a publicly traded company. The indictment was announced by Preet Bharara, the U.S. Attorney for the Southern District of New York; Christy Romero, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP); Mary Galligan, the Acting Assistant Director-in-Charge of the New York Office of the FBI; José A. Gonzalez , the Special Agent-in-Charge of the Miami Field Office of the Internal Revenue Service , Criminal Investigation Division (IRS-CI); Benjamin Lawsky, the Superintendent of the New York State Department of Financial Services; James T. Hayes Jr., the Special Agent-in-Charge the New York Field Office of the U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (ICE-HSI); and Jon T. Rymer, Inspector General of the Federal Deposit Insurance Corporation (FDIC-OIG). Huff, who is also charged with tax evasion, is alleged to have participated in a variety of fraudulent schemes involving over $100 million. Allen Reichman, the former executive director of investments at an investment bank and financial services company, is also c harged in the insurance fraud scheme, a scheme that left an Oklahoma-based insurance company in receivership.
U.S. Attorney Preet Bharara said: “Nearly two years ago, we secured the first conviction against a defendant, Park Avenue Bank President and CEO, Charles Antonucci, for attempting to steal $11 million from the taxpayer-funded