Man gets sentence for bank fraud
CLEVELAND -- A Canfield man has been sentenced to three years and eight months in prison for his involvement in a check-kiting scheme and ordered to make restitution of almost $1.1 million to National City Bank after pleading guilty to bank fraud.
Kenneth Heyman, 43, of state Route 62, was also sentenced Thursday to five years of supervised release after he leaves prison, the U.S. attorney here said.
The scheme, which operated from late 1999 through May 2000, pertained to Tri-State Holdings Inc., an East Liverpool business, with which Heyman was involved, and bank accounts the business maintained at several banks, the U.S. attorney said.
Heyman deposited checks drawn on one account into another account to inflate account balances, and he also bought official checks from National City Bank using company checks drawn on various accounts, knowing there were insufficient funds in the business accounts to cover the checks he had written, the U.S. attorney said.
An accomplice in the scheme, Jill A. Rogers, manager of National City Bank's Oakmont branch in East Liverpool, pleaded guilty to willful misapplication of bank funds and was sentenced in January to four months in prison, followed by four months of house arrest and three years of supervised release, the U.S. attorney said.