On June 25th, 48-year old Michael James Allison of Marshalltown pled guilty to mail fraud, in connection with a scheme to defraud his employer through the mailing of fraudulent expense reports for reimbursement. The plea agreement was announced by United States Attorney Nicholas A. Klinefeldt.
According to the written plea agreement, Michael Allison, while in his position as Chief Financial Officer and Director of Finance of a regional subsidiary of Airgas, Incorporated headquartered in Chicago, mailed falsified expense reports to the region’s accounting office. Allison categorized personal expenses as business expenses and fabricated expenses on the reports. From 2003-2012, Allison obtained at least $300,000 as a result of his scheme.
Allison will be sentenced on October 9, 2013 before Judge John A. Jarvey. Mail fruad is punishable by a term of imprisonment of up to 20 years and a fine of up to $250,000.
This case was investigated by the Federal Bureau of Investigation, following a referral from Airgas, Inc., and prosecuted by the United States Attorney’s Office for the Southern District of Iowa.