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Kokomo Man Arrested

Last updated on Friday, July 4, 2014

(KOKOMO) - Indiana State Police have arrested a Kokomo man accused of a 600-thousand-dollar fraud.

Police say Charles Defabritis allegedly obtained several farm loans last year using false information and collateral.

Some of the property has been repossessed, but the Grant County State Bank says it's still on the hook for half the original 600-thousand.

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