HAMMOND, Ind. (AP): The owner of a northwest Indiana accounting firm is facing 34 federal charges.
U.S. Attorney David Capp announced Thursday that a federal grand jury has indicted Jack Weichman of Munster on nine counts of bank fraud, 14 counts of bankruptcy fraud, and additional multiple counts of money laundering, wire fraud and filing false federal income tax returns.
Weichman owned companies that managed medical practices and provided payroll, billing, accounting and tax services. Capp says he obtained more than $3 million from a bank with money from his clients' bank accounts and obtained lines of credit in the name of a client without permission. Weichman then allegedly used the money to pay casino debts.
Weichman's attorney, Theodore Poulos, tells says the charges are “trumped up.''
