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.....

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