Furniture Executive Indicted For Fraud, Money Laundering
CHARLOTTE, N.C. (AP) — An executive at a Lenoir furniture manufacturer has been indicted on charges that he took more than $560,000 from the company.
The Charlotte Observer reported that Andrew Geiger is accused of setting up a dummy company and billing Bernhardt Furniture Company for extra services concealed as processing fees.
Geiger was director of manufacturing for Bernhardt's Casegood-Bernhardt contract division from 1996 to 2008. Federal indictments say he had the authority to negotiate contracts with third-party vendors and set up a fake company in 2000.
Geiger is accused of money laundering and wire fraud.
It was unclear if he had an attorney.