The federal courthouse in Sioux Falls. (John Hult/South Dakota Searchlight) An Iowa ag company accused of operating a billion-dollar check-kiting scheme is being sued by a lender that claimed 110,000 ...

Local restaurateur Katherine Mott has pleaded guilty to a check-kiting scheme, admitting in federal court that she created numerous bank accounts to kite millions of dollars. The plea on Monday, which ...

BERESFORD, South Dakota (IOWA CAPITAL DISPATCH) - A financially troubled Iowa company is operating under a court order to show it did not attempt to destroy or manipulate financial data sought by a ...

Asif Ismail was arrested following an investigation into fraudulent banking activity involving more than $3,000.

ROCHESTER, N.Y. (WROC) — The fates of three prominent Katherine Mott-owned event spaces in the Rochester area are becoming clearer. Thursday, a lawyer representing the court-appointed receiver in the ...

CHICAGO (AP) -- A former financial executive has been sentenced to more than three years in prison after pleading guilty to a multimillion dollar check-kiting scheme that contributed to the closure of ...

Last month, a major regional bank filed suit against a New York entrepreneur, alleging a check-kiting scheme that processed more than $72 million in fraudulent checks, resulting in $27 million in ...

A lender to an Iowa ag company accused of operating a billion-dollar check-kiting scheme says 110,000 piglets were at risk of starvation. (Photo by Scott Olson/Getty Images) An Iowa ag company accused ...

Compeer Financial is suing three related swine operations, alleging a billion-dollar check-kiting scheme. The lawsuit claims the scheme threatens the lives of 110,000 pigs in South Dakota due to lack ...