Former plant president faces bank fraud charges - WCAX.COM Local Vermont News, Weather and Sports-

Former plant president faces bank fraud charges

Posted: Updated:

The former president of a a Middlebury manufacturing plant is facing federal fraud charges.

Prosecutors say Donald Marler commited more than $1 million in bank fraud.

Marler is the former president of Specialty Filaments, which declared bankruptcy and closed its doors in 2007.

According to court documents, the company filed falsified reports to try to get the bank to loan large sums of money.

According to the Rutland Herald, two other former company executives already pleaded guilty to conspiracy to commit bank fraud.

Jeff Audette and Paul Mammorella are still awaiting sentencing.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.