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Marion Woman Faces Money Laundering Charges

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MARION - A Marion woman is accused of using stolen cars to get a bank loan.

Police arrested Jennifer Steadman, 40, Monday on charges of money laundering and theft.

This picture is from her 2008 arrest in Linn County on charges of embezzling money from a Cedar Rapids chiropractor.

Court records claim she bought two cars using checks from a closed bank account- meaning she stole them.

She then used the cars as collateral for a loan.

She faces a total of up to 25 years in prison.