Man pleads guilty to $4.8 million ATM fraud

10.11.2010

Between 2007 and February 2010, Domestic Bank lost about $4.8 million, prosecutors say.

DeMilo is the second NECDS executive to plead guilty in this case. Last month the company CEO, Joseph Sarlo, pleaded guilty to a single count of bank fraud. He is set to be sentenced Jan. 3. DeMilo's sentencing is Jan. 28.

The IDG News Service