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April 25, 2018

Bend aircraft CEO pleads guilty to fraud

BEND, Ore. (AP) — Authorities say the former CEO of an Oregon aircraft company who defrauded customers by using their money for other projects and to support his lavish lifestyle has pleaded guilty.

The Bulletin reports 73-year-old Fred Schrameck of Bend pleaded guilty Monday to a charge of wire fraud.


 
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