Local Man Pleads Guilty To Wire Fraud Charges
St. Louis, MO – SEAN HOLLAND pled guilty to a wire fraud scheme whereby he embezzled money from a condominium association for which he served as bookkeeper.
According to the plea agreement, Holland worked as a bookkeeper for Maryland House Condominium in St. Louis between 2008 and 2010. He made unauthorized electronic transfers of funds to his personal bank account and concealed the transfers from the management of the association. The government contends that more than $70,000 was diverted in this way.
Sean Holland, St. Louis, Missouri, appeared before U.S. District Judge Catherine D. Perry who set sentencing for December 19, 2013.
Holland faces up to 20 years imprisonment, a fine of $250,000 or both. Restitution for the benefit of the association is also mandatory.
The case was investigated by the St. Louis Metropolitan Police Department, the U.S. Secret Service and the St. Louis Circuit Attorney’s Office. Assistant United States Attorney Tom Albus handled the case for the U.S. Attorney’s Office.