First Brands founder Patrick James, brother Edward indicted for fraud
The James brothers face charges of conspiracy to commit money laundering, bank fraud and wire fraud.
Last updated: 2026-01-29 23:23:46 ET
The James brothers face charges of conspiracy to commit money laundering, bank fraud and wire fraud.
Patrick James, the former CEO of bankrupt auto parts supplier First Brands Group, was indicted on federal fraud charges and arrested Thursday in Ohio ...
Patrick James, who was earlier ousted from the beleaguered auto-parts maker, is accused by federal prosecutors of faking invoices and lying about hidden debt for years.
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