George,
As quoted from the article;
"After RUS unknowingly approved payment of the
fraudulent invoice and transferred the appropriate loan proceeds to
Stonebridge,
Gowdy paid Mainstream by check. As part of the
scheme, Mainstream then returned the funds to Stonebridge. Gowdy used those
funds for various business purposes, including
covering the Stonebridge company payroll. In addition, he often added
the funds to
legitimately-obtained money, using the commingled
result for personal purposes."
After reading the article I googled Mainstream Solutions and
coincidently they are located on the same street.
How is it only Stonebridge was in trouble for this? Who knows maybe we
will here more about this. hmmmm...
Regards,
Dawn DiPietro
NEW-ISP
George Rogato wrote:
defrauding the U.S. Department of Agriculture of more than $1.6
million in connection with a $4.2 million loan related to the
expansion of wireless broadband service to rural Minnesota.
http://communitydispatch.com/artman/publish/article_6420.shtml
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