Sentencing Scheduled In Bank Fraud
NEW HAVEN, Conn. (AP) _ A Marlborough man is facing sentencing for his role in a multi-million dollar bank fraud scheme.
Federal prosecutors said 49-year-old Mirza Baig will be sentenced Friday in New Haven. He pleaded guilty last year to conspiracy to commit bank fraud.
Baig worked for a company that operated automated teller machines.
Authorities say Baig and others engaged in a conspiracy to defraud Domestic Bank of cash the bank supplied for use in the ATM network.
Prosecutors say Baig stole almost $2 million.
Baig’s lawyers seek a sentence of less than the more than four years recommended by guidelines, saying he’s a father of five who cares for his elderly parents and has no previous criminal record.
Prosecutors say he should get a significant sentence, citing the extent of the theft.
(Copyright 2012 by The Associated Press. All Rights Reserved.)