Charges filed in major bank fraud conspiracy in Minnesota

MINNEAPOLIS- U.S. Attorney Andrew M. Luger announced that a man from Maryland has been charged in a $35 million bank fraud scheme. According to court documents, from September 2020 to October 2021, Karl Reid Selle, 38, of Bowie, Maryland, worked with Matthew Thomas Onofrio to create a scheme to defraud banks and credit unions in Minnesota, Wisconsin, and other places.

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