Mr.
Schiff: A Georgia bank was taken
for more than $5.5 million. And by
one guy. FBI Special Agent Chip Cromer
in Atlanta worked closely with bank
officials…
Mr.
Cromer: "What we primarily helped
them with was doing some analysis
of the bank records trying to determine
where the money had gone and what
the subject had used it for."
Mr. Schiff: The man had been
honored as Small Business Minority
Businessman of the Year. Cromer says
he took out a large loan on false
pretenses and defaulted…
Mr. Cromer: "A lot of this
money was spent trying to keep his
business going but a good portion
was also spent on him trying to maintain
his lifestyle that he had developed
over the years."
Mr. Schiff: Cromer says the
subject kept two sets of financial
books…
Mr. Cromer: "One showing the
true state of the company and the
other showing the inflated numbers.
And that was the book given to the
bank."
Mr. Schiff: Cromer says the
company's computers were destroyed…
Mr. Cromer: "Some of the bookkeepers
told me that they had a special computer
that kept track of the second set
of books, the inflated books, were
on a special computer."
Mr. Schiff: The business owner
was convicted. He has to pay back
$5.5 million and serve 10 years in
prison. I'm Neal Schiff of the Bureau
and that's the FBI's Closed Case of
the Week."
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