A former Rhode Island state senator and business owner will be arraigned in U.S. District Court in Providence next week on 31 counts of bank fraud that victimized a credit union and two banks, according to federal court documents.

James E. Doyle II,  46, of Pawtucket, who resigned from his state senate seat earlier this year, is accused of running a $550,000 check kiting scheme that victimized three financial institutions, the $33.3 million Alliance Blackstone Federal Credit Union in Pawtucket, Bristol County Savings Bank in Taunton, Mass., and Santander Bank in Boston.

Doyle is also charged with one count of filing a false tax return and one count of failing to file a tax return.

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Fraud & Enforcement