A Kentucky bank president and her sons have been indicted on charges related to an ongoing fraud investigation.
Kentucky State Police say last week, the Pendleton County Grand Jury indicted 51-year-old Donna Wood, of Falmouth on fraudulent insurance charges and charges of filing false tax returns.
The grand jury also indicted 32-year-old Richard “Tom” Wood of Falmouth on charges of receiving stolen property and willfully filing or making false tax returns, and 28-year-old William Brett Wood of Falmouth on charges of receiving stolen property and willfully filing or making false tax returns.
Kentucky State Police say Donna Wood, while acting as President and CEO of United Kentucky Bank of Falmouth, falsified insurance applications at least three times between 2008 and 2010.
http://liarcatchers.com/fraud_investigation.html
Police also say Wood falsified tax returns between 2004 and 2010.
Police say Richard Wood and William Wood received stolen funds from their mother and falsified tax returns between 2004 and 2010.
Police also say Richard and William Wood provided multiple people with large amounts of money during the time they allegedly received the stolen funds.
Also in connection to this case, the grand jury also indicted 53-year-old Ricky Moore of Falmouth, and 71-year-old Geneva Hamilton of Falmouth, on charges of willfully filing or making false tax returns.
The grand jury also indicted 68-year-old Floyd Rarrieck of Falmouth on charges of willfully failing to make a tax return. Rarrieck was also indicted on charges of obtaining controlled substances from area doctors without a practitioner/patient relationship.
