Post by Logan on Feb 9, 2016 2:51:19 GMT -6
Jeremy Johnson fraud trial opens amid question of whether banks actually lost money
If the federal government's criminal case against businessman Jeremy Johnson is all-out bank fraud, as a prosecutor told a jury Monday, then, Johnson and defense attorneys asked, in essence, "Where's the missing evidence?" "Where's the bank?
And, they demanded, "Show us the money."
The prosecutor opened the government's case Monday against the St. George businessman and two top employees of his online marketing operation by accusing them of creating a number of straw companies to fool banks into giving them new accounts after a large number of consumer chargebacks endangered their business.
But the trial got off to a start that signaled it could be a contentious affair during the four to six weeks it is expected to last when defense attorney Marcus Mumford was called to the bench by presiding U. S. District Judge David Nuffer to discuss remarks made at the beginning of his opening statement.
Read more: www.sltrib.com/news/3513586-155/jeremy-johnson-fraud-trial-opens-amid
If the federal government's criminal case against businessman Jeremy Johnson is all-out bank fraud, as a prosecutor told a jury Monday, then, Johnson and defense attorneys asked, in essence, "Where's the missing evidence?" "Where's the bank?
And, they demanded, "Show us the money."
The prosecutor opened the government's case Monday against the St. George businessman and two top employees of his online marketing operation by accusing them of creating a number of straw companies to fool banks into giving them new accounts after a large number of consumer chargebacks endangered their business.
But the trial got off to a start that signaled it could be a contentious affair during the four to six weeks it is expected to last when defense attorney Marcus Mumford was called to the bench by presiding U. S. District Judge David Nuffer to discuss remarks made at the beginning of his opening statement.
Read more: www.sltrib.com/news/3513586-155/jeremy-johnson-fraud-trial-opens-amid