LONDON — Would-be injection molding mogul Carl W. Cooke was arrested Feb. 6 in London and released after posting bond of £35,000 ($57,400), according to the U.S. Attorney's office.
His extradition to the United States is pending.
Cooke's arrest was based on indictments handed down Dec. 19 by a U.S. District Court in Grand Rapids, Mich. He was indicted on three counts of wire fraud related to the procurement of goods for a retail clothing business he attempted to start in Benton Harbor, Mich., in 1994. Cooke also was indicted on one count of making fraudulent statements to the Internal Revenue Service.
He was charged in 1994 with several felony counts of theft related to a failed injection molding operation in Elkhart, Ind. A trial date has been set for those charges in early May.
Separately, Cooke filed bankruptcy proceedings in 1994, as the IRS was seeking back taxes of more than $800,000. His bankrupcty proceedings are pending.