First Brands founder Patrick James, brother indicted for fraud
ReutersJan 29, 2026 4:30 PM
NEW YORK, Jan 29 (Reuters) - First Brands Group founder Patrick James and his brother Edward have been indicted in New York for allegedly defrauding lenders out of billions of dollars before the auto parts company collapsed into bankruptcy.
An indictment was made public on Thursday in Manhattan federal court.
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