A Kinmundy man pleads guilty in Federal Court in East St. Louis, in regard to 5 counts of bank fraud. According to the Southern District of Illinois and the US Attorney’s Office, 75-year-old Alfred Cross of Kinmundy, originally from Mattoon, plead guilty to all 5 counts of fraud. Cross was accused of opening up checking accounts and admitted to depositing large sums of money from out of state banks into those accounts, knowing that there was not enough to cover the funds. The checks were drawn out of the accounts in the names of businesses that Cross controlled. Before the checks could be returned as non-sufficient funds, he withdrew all of the money. Banks included Nashville, Carbondale, Mt. Vernon, Greenville, Effingham and Whittington. This occurred between April 2011 to March 2015. He is scheduled to be sentenced in federal court on May 9th in East St. Louis. The investigation was conducted by agents from the Federal Bureau of Investigation’s Springfield Division and the Fairview Heights Resident Agency.