Former GM aluminum trader pleads guilty on two counts
Nov 06, 2009 | 11:22 AM
| Anne Riley
Former General Motors Corp. aluminum trader Daniel Bealko has pled guilty to a kickback scheme involving bulk aluminum sales that cost the automaker more than $80 million.
Bealko, 62, who was charged in March 2008 with two counts of wire fraud, two counts of interstate transportation of fraudulently obtained funds and two counts of income tax evasion, pled guilty on Thursday before a federal judge to one count of wire fraud and one count of tax evasion.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here