Seattle Businessman Indicted On Charges

SEATTLE

A federal grand jury has indicted a Seattle businessman and two others on bank-fraud and money-laundering charges, among others, involving a firm called Augustine Limited.

The firm operated a large wholesale and retail hardware business in Renton.

Charged were Gary Keister, 50, and two other company officers, Sherry Jones, 46, of Marysville, and Drew Marshall, 44, of Mountlake Terrace.

The 53-count indictment charges the three conspired to defraud First Interstate Bank by submitting false daily reports on Augustine's line of credit. Bank money was then diverted to other entities and to pay Keister's personal expenses.