A federal grand jury has returned a 300-page indictment against 15 people charged with racketeering in a nationwide scheme that defrauded banks, businesses and individuals out of millions of dollars.

In an indictment unsealed late Thursday, the suspects were accused of participating in two racketeering influenced corrupt organizaton enterprises (RICO) that were responsible for 33 separate acts of racketeering in seven states over three years.A major target identified by the indictment was the Tacoma, Wash.-based Puget Sound Bank, which was said to have been bilked out of $4.5 million in bad loans to the defendants. Other illegal business dealings took place elsewhere in Washington, California, Idaho, Texas, Florida, Ohio and Hawaii, officials said.