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Two charged in $850,000 fraud of Kentwood business

Courtesy photo, KPD

Two former employees of a Kentwood business have been charged in alleged fraudulent activities of more than $850,000.

Kent County residents Ilderina Kajtezovic and her father Sakib are accused of embezzling from AA Transportation through fraudulent business loans, invoices and other transactions.

The Kent County Police Department says the company discovered the alleged embezzlement early last year.

A police investigation found business loans taken for personal use of about $100,000.

Court records also allege fraudulent use of corporate credit cards and improper transactions with a billing company of more than $750,000.

Authorities say the 24-year-old female and 45-year-old male were recently arrested, charged with several felonies and arraigned.

A probable cause hearing is scheduled Thursday.

Hilary is a General Assignment and Enterprise reporter for WGVU Public Media. She joined WGVU in September 2014 after several years of experience as a local news reporter, anchor and photojournalist in Midland, Saginaw and Bay counties. She's also worked as a financial and business reporter and audio field producer.
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