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Coeur d'Alene man gets federal prison for $2.5 million wire fraud scheme

by STAFF REPORT
Staff Report | January 16, 2025 1:00 AM

COEUR d’ALENE — A man will spend almost four years in federal prison for a multimillion-dollar accounts receivable factoring scheme.

After a six-day trial in August 2024, a jury convicted Douglas Worman, 64, of Coeur d’Alene, of 17 counts of wire fraud relating to his factoring scheme. Jurors acquitted Worman of five counts of bank fraud. A grand jury indicted Worman on the charges last May. 

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