Home Philadelphia Press Releases 2011 Huntington Valley Man Charged with Bank Fraud

Huntington Valley Man Charged with Bank Fraud

U.S. Attorney’s Office December 09, 2011
  • Eastern District of Pennsylvania (215) 861-8200

Igor Pronin, 43, of Huntington Valley, Pennsylvania, was charged today by information with one count of bank fraud, announced United States Attorney Zane D. Memeger. The information alleges that from in on or about May 2010 to in or about July 2010, Pronin conducted a check kite scheme resulting in a loss of approximately $658,979.91 to First Niagara Bank.

If convicted, the defendant faces a maximum possible sentence of 30 years’ imprisonment, a five-year term of supervised release, a $1,000,000 fine, a $100 special assessment, and restitution of $658,979.91 to First Niagara Bank.

The case was investigated by the Federal Bureau of Investigation and is being prosecuted by Assistant United States Attorney Ewald Zittlau.