Local businessman charged in alleged million dollar fraud scheme

Local businessman charged in alleged million dollar fraud scheme

Huff is accused of defrauding the Park Avenue Bank and then stealing from the bank bailout program after the bank collapsed.

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WHAS11.com

Posted on October 3, 2012 at 11:34 AM

Updated Wednesday, Oct 3 at 2:05 PM

(WHAS11) -- A local businessman is charged in a multi-million dollar fraud scheme that involved a Manhattan bank.

W. Anthony Huff of Louisville is out of jail on bond. He's accused of defrauding the Park Avenue Bank and then stealing from the bank bailout program after the bank collapsed.

Prosecutors say he used the money to pay for his own mortgage, designer clothing, jewelry and luxury cars.

An alleged accomplice named him in a plea deal and now Huff faces various charges including bank and insurance fraud, as well as tax evasion.

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