Former Cartersville business owner arraigned on fraud charges

Former Cartersville business owner arraigned on fraud charges

A former Cartersville manufacturing business owner faces federal bank and wire fraud charges after allegedly defrauding First Financial Bank out of more than $20 million through forged documents.

Former Cartersville Business Owner Faces $24M Fraud Charges

A Cartersville manufacturing company owner faces federal charges accusing him of defrauding a bank of about $24 million. 48-year-old Thomas Mwangi of Atlanta, the former owner of CAMaster in Cartersville, is charged with two counts of bank fraud and 13 counts of wire fraud. According to the U.S. Attorney’s Office for the Northern District of Georgia, Mwangi allegedly obtained a $24 million… Source