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Former Arrow Trucking CEO Arraigned on Federal Fraud Charges

2014-12-06 02:24:43| Trucking - Topix.net

The former Chief Executive Officer and President of Arrow Trucking Company is facing bank and tax fraud charges after an investigation by the Federal Bureau of Investigation and the Internal Revenue Service. Pielsticker was indicted by a grand jury in a 23-count indictment on December 1. Those documents were unsealed Friday and reveal one charge of conspiring to commit bank fraud, 15 counts of bank fraud, one count of conspiring to defraud the IRS, three counts of tax evasion and three counts of failing to account for and pay over payroll taxes.

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