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Adams Produce Official No. 7 Indicted in Fraud Case

Fri, 05/30/2014 - 11:47am

BIRMINGHAM, Ala. (AP) — A federal grand jury has indicted the former chief operating officer of an Alabama food distribution company who is accused of conspiring to defraud the government.

U.S. Attorney Joyce White Vance said 45-year-old Steven Craig Finberg is the seventh official of Birmingham-based Adams Produce Co. who has been charged in connection with what prosecutors call a scheme to defraud the federal government of hundreds of thousands of dollars. Prosecutors allege that the suspects created false invoices and purchase orders in connection with government contracts.

Finberg is charged with conspiring to defraud the government and faces 32 counts of wire fraud.

In April, a grand jury indicted the company's former chief financial officer on charges of conspiracy and wire fraud. Five other Adams Produce officials have pleaded guilty and have been sentenced.

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