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Iowan Pleads Guilty to Wire Fraud

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By: The Associated Press Email
Posted: Tue 9:12 AM, Sep 18, 2012

A former office manager at a vehicle dealership in Granger, IA has pleaded guilty to a federal charge of wire fraud.

Ralph Schippers acknowledged using the Granger Motors payroll computer system to arrange more than $1.2 million in unauthorized direct deposits to his account since 1998.

Schippers faces up to 20 years in prison when he's sentenced on January 17th.

Authorities say the unauthorized deposits, combined with more than $175,000 in improper paper checks, mean Schippers stole a total of $1.4 million between 1998 and 2012.

A plea agreement says Schippers spent the money on airline tickets, hotels, meals at Des Moines-area restaurants, jewelry and golf items.


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