United Group Insurance

Woman from eastern Iowa sentenced to federal prison for stealing $453K+ from a business

News

November 2nd, 2024 by Ric Hanson

CEDAR RAPIDS, Iowa (KCRG) – A woman from the east central Iowa community of Toledo will spend two years in federal prison after stealing $453,672.68 from a family-business where she once worked. A judge, Friday, sentenced 51-year-old Leann Rouse, and ordered her to pay back the entire amount she stole as restitution. Rouse must also serve three years supervised released once she’s let out of prison.

Rouse worked as a bookkeeper for a trucking company in Traer. While hired in July 2011, evidence revealed Friday shows she manipulated the books from January 2015 to August of 2020 while overseeing financial accounting software and payroll.

Rouse wrote roughly 242 unauthorized checks to herself in that time, then used the software to make it look as though the money was going toward business expenditures related to other companies the business worked with. But that was not the case.

Rouse pleaded guilty to one count of wire fraud on May 31, 2024. She was released on bond before Friday‘s sentencing, and must surrender to the Bureau of Prisons in the future, but a date hasn’t been set.