San Antonio Businessman Accused of Defrauding U.S. ExIm Bank of Millions

(WOAI.COM, San Antonio Texas, 5 May 2008) San Antonio businessman Andrew Parker, owner of an export company San Antonio Trade Group, Inc. has been indicted on fraud charges. Court documents claim he was a major player in a scheme to defraud the US Export Import Bank of US$163 million. The F.B.I. and the I.R.S. have been investigating Parker for more than 2 years, saying he solicited Mexican-based companies, helped them find lending agencies in the U.S., and helped the borrowers get loans using false information.