The arrest of Agriprocessors CEO Sholom Rubashkin on bank fraud charges earlier today marked the fourth time that he or his brother has been alleged to have engaged in financial deception.

Sholom’s older brother, Moshe Rubashkin, was sentenced in 2002 to 15 months in prison and ordered to pay more than $225,000 in restitution for bank fraud. The case was linked to his ownership and operation of Montex Textiles, a Pennsylvania company. Moshe was also recently sentenced to 16 months for the company’s illegal storage of hazardous waste.

Last year, Agriprocessors executives agreed to pay $1.4 million to resolve allegations that the company participated in a scheme to hide another company’s assets during a bankruptcy...