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Monday, February 20, 2006

 

Cable TV boss to face US fraud charges

`An American pay TV boss accused of defrauding the Pentagon will be extradited from Australia to the United States to face fraud and money-laundering charges. [..]

Hermanowski allegedly siphoned more than million (.8 million) in an elaborate cable-TV racket during his time as chairman of US company Americable, court documents state.

He allegedly billed the US Department of Defence for TV systems on military bases that he never built, and is accused of laundering million (.1 million) in 1995 and 1996 by endorsing fake invoices and depositing cheques into his personal bank accounts.’




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