Iowa Man Gets Prison For Fraudulent Grain Schemes
CEDAR RAPIDS, Iowa (AP) — A northeast Iowa man who pleaded guilty to two fraudulent schemes has been given nearly four years in prison.
Prosecutors say 47-year-old Michael Recker, of Arlington, was sentenced to 46 months earlier this week in federal court in Cedar Rapids. He'd been convicted of conspiring to fabricate grain elevator scale tickets, one count of bankruptcy fraud and one count of interfering with Internal Revenue laws.
Prosecutors say Recker admitted that in 2008 and 2009 he bribed an elevator worker to create the false tickets.
Recker also admitted selling a combine at auction for about $50,000 before filing for bankruptcy. He admitted that he didn't disclose to the bankruptcy court that money was still owed him by the auction company.
Recker must make restitution of more than $26,000 to the elevator.
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