Wednesday, August 05, 2009

Surprise! Agriporcessor Executive Pleads Guilty to Fraud

Agriprocessor is a company that has had more bad press than any I can think of in a long time. This company has been brought up on charges from every angle! It started with allegations of animal cruelty then certification issues and labor violations then eventually bankruptcy. One would think with Agriprocessors recent sale this would be the end of the saga but there's more! A former executive of Agriprocessor:Yomtov “Toby” Bensasson, 56, has plead guilty to fraud. He admitted that he conspired from September 2007 to October 2008 to lie to a bank to receive advances on a loan. Bensasson told authorities that he “overstated the value of collateral as part of his employer’s request for an advance on a loan,” the U.S. attorney’s office said in a statement.
With all the recent bad press Jews have been getting in the business world this only adds fuel to the fire.

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