(Radio Iowa) – Former Newton assistant football coach pleads guilty to federal wire fraud for a mortgage scheme. According to the indictment, Ryan Arguello started a business by buying properties at a discount, fixing them and then selling at a profit. The indictment further states that Arguello offered mortgages on property he did not own for collateral on loans and received more than 600-thousand dollars in loans from individuals. Most of the money was wired to him from out of state.