A New York bus company owner orchestrated a checkkiting scheme that stole over $9 million from 2 banks
Jul 16, 2026
John B. Mensch, the owner and chief executive officer of a New York bus company, was sentenced to 18 months in prison Wednesday for orchestrating a multimillion-dollar check-kiting scheme that defrauded two banks.U.S. District Judge Nusrat J. Choudhury also ordered Mensch, 55, of Quogue, to pay $9,3
26,366.03 in restitution during the sentencing in federal court in Central Islip. Mensch pleaded guilty to bank fraud conspiracy in October 2024. ...read more read less