Bowman is accused of obtaining a $4,050 cash advance using the fraudulent credit line at a St. Louis bank branch, and also of obtaining things in value of $1,000 during a one-year period. As part of the general scheme, the indictment alleges that credit applicants misrepresented the names of their businesses, the amount of time they had been in operation or their annual income in order to appear worthy of receiving credit.
Monday, January 29, 2007
St. Louis Democrat indicted for role in bank fraud scheme
Associated Press reports State Rep. John Bowman, D-St. Louis, chairman of the Legislative Black Caucus, has been indicted along with 16 others, on bank and credit card fraud charges: