The former chief operating officer of a Massachusetts software design company was arrested Wednesday on a two-year-old indictment accusing him of failing to disclose a $10 million investment in his company from a suspected terror financier.
Buford George Peterson is charged with making false statements on a Small Business Administration loan application to hide the fact that a Specially Designated Global Terrorist held a substantial stake in Ptech. The Quincy, Mass.-based company made computer software for management systems.
Among Ptech's customers were the FBI, IRS, Federal Aviation Administration, the departments of Education, Veterans Affairs, Energy and Agriculture, The U.S. Air Force and Naval Air Systems Command and NATO. Read more ...
Buford George Peterson is charged with making false statements on a Small Business Administration loan application to hide the fact that a Specially Designated Global Terrorist held a substantial stake in Ptech. The Quincy, Mass.-based company made computer software for management systems.
Among Ptech's customers were the FBI, IRS, Federal Aviation Administration, the departments of Education, Veterans Affairs, Energy and Agriculture, The U.S. Air Force and Naval Air Systems Command and NATO. Read more ...
Source: IPT News
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