Steel supply exec jailed for US Export-Import Bank fraud

May 22, 2013 | 02:12 PM | Catherine Ngai

Tags  imports, exports, Luis Moy, fraud, jailed, U.S. Export-Import Bank, Catherine Ngai

CHICAGO — The owner of a Denver steel supply company has been sentenced to 30 months in prison for his role in a scheme to defraud the U.S. Export-Import Bank of some $11.2 million.

Luis E. Moy, 47, pleaded guilty in U.S. District Court in Denver to one count of conspiracy to commit wire fraud and one count of wire fraud in connection with the scheme, the Ex-Im Bank’s Office of Inspector General....





Latest Pricing Trends

Poll

Are you stocking more inventory today than 18 months ago?

Yes
No


View previous results