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Former Agriprocessors CFO sentenced
Posted: 02.12.2010 at 8:17 AM
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CEDAR RAPIDS, IOWA (AP) -- A federal judge in Cedar Rapids has sentenced the former chief financial officer of Agriprocessors Inc. to 41 months in prison for bank fraud conspiracy.
   
U.S. District Court Chief Judge Linda Reade handed down the sentence Thursday to 56-year-old Yomtov (Toby) Bensasson of Postville. She also ordered Bensasson to make reimbursement of more than $29,900 to the banks that were victimized by the fraud.
   
Bensasson pleaded guilty last August to one count of conspiring to make false statements to a bank. He admitted he conspired with others to make false statements in connection with requests for advances on a loan to the kosher slaughterhouse that was once Postville's largest employer.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

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