Man Accused of Fraud in Louisiana Arrested in Alabama

A man who promised to bring a $1.5 billion aluminum plant to Louisiana has been arrested in Alabama.

 

ALEXANDRIA, La. (AP) — A man who promised to bring a $1.5 billion aluminum plant to Louisiana has been arrested in Alabama in a separate Louisiana fraud case.

The Town Talk of Alexandria, Louisiana, reports that the Mobile County Sheriff's Department arrested Roger Boggs on an Alexandria Police Department warrant accusing him of fraud.

The warrant accuses him of trying to defraud a local bank by mortgaging a piece of property he owned in another state, then transferring the property to a relative.

Boggs was CEO of Revolution Aluminum, which was forced into bankruptcy by creditors.

A Revolution subsidiary had bought a former International Paper facility in Pineville for $3.9 million, and said it would build the aluminum plant there. The two companies owed creditors more than $6 million.


___

Information from: Alexandria Daily Town Talk, http://www.thetowntalk.com

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

 

Article From:-  https://www.usnews.com

Recent Articles:-

CASPER NATIVE KELLY SCHNORENBERG INDICTED IN COLORADO FOR $16M SECURITIES FRAUD

Police Ask Public’s Help to Identify Female Bank Robbery Suspect

$200 Million Card Fraud Scheme Alleged

Former bank president facing life in jail for bank fraud, real estate fraud

CRIME BRIEFS: Arrest warrant issued for man accused of sexual assault; youth coach charged with embezzlement

Sunflower Bank CEO gets arrested — again

3 arrested in check fraud scheme, GJPD says; reached as far as Denver

Consumers Say Their Bank Accounts Were Hacked Through Zelle

Fraud gang 'emptied Emeli Sande's account of £300,000 after Barclays cashier gave them her details and bank card'

The fraudsters didn't even ask for account or password details: Victim of sophisticated banking con reveals how she was tricked into transferring £4,000 to scammers