Businessman trades cash for food stamp credits

Indiana

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HAMMOND – A northwestern Indiana man has pleaded guilty to running a food stamp scheme that netted $1.4 million.

Fifty-seven-year-old Adnan Shatat of Crown Point pleaded guilty to one count of wire fraud Monday in federal court in Hammond. In exchange, prosecutors agreed to drop the remaining nine counts against him. Shatat could face up to 20 years in prison and a $250,000 fine.

The Times of Munster reports (http://bit.ly/I80MFK) that Shatat acknowledged he traded cash to customers for food stamp credits at his Gary restaurant and mini mart and then redeemed reimbursements for more than the actual cost of the purchases.

Shatat also agreed to forfeit his restaurant and store property, along with about $735,000 and jewelry that were seized at his home.