Co-Owner Of U.S. Fidelis Pleads Guilty To Fraud

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ST. CHARLES, MISSOURI, (KPLR) - One of the co-owners of U.S. Fidelis pleaded guilty today to three felonies in a plea bargain worked out with Missouri’s Attorney General Chris Koster.

Darain Atkinson admitted that he and his brother Cory Atkinson committed fraud selling extended car warranties around the country from their St. Charles County office.  The firm is now bankrupt and Atkinson's mansion at Lake St. Louis was sold last year to help pay the debts.

In a related investigation, the U.S. Attorney’s Office for the Eastern District of Missouri indicted both Darain and Cory Atkinson on conspiracy and tax fraud charges.  The Feds allege the brothers used company fund for personal multi-million dollar homes in St. Charles County, Lake Tahoe, Cayman Islands, luxury vehicles and other personal living expenses for themselves and relatives.