New York Business Owner Accused of Executing $1,000,000 Bank Fraud Scheme Impacting Bank of America and Other Financial Institutions

A New York business owner has been charged with running a bank fraud scheme that defrauded dozens of customers out of more than $1 million.

Lancaster, New York resident Jason Knobloch was charged with bank fraud after allegedly using deceptive practices to steal money from 32 victims, says the U.S. Attorney’s Office for the Western District of New York.

According to the lawsuit, the scheme began in February 2021 and involved the fake sale of forklifts and similar equipment through companies controlled by Knobloch…

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