Anchorage man convicted of fraud

Posted: Sunday, August 03, 2003

ANCHORAGE (AP) An Anchorage man was convicted Friday in federal court of conspiracy to commit bank fraud for printing checks worth more than $90,000, the U.S. Attorney's Office said.

Kenneth S. Alexander and four others were indicted in April on charges they cashed 48 counterfeit checks at local banks, credit unions and check-cashing businesses between December 2002 and February 2003.

Alexander used computers to print checks with the names of nonexistent businesses, prosecutors said. Other people were recruited to cash the checks.

He faces a penalty of five years in prison and a $250,000 fine.

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