Three Men Sentenced for Selling Vehicles with Rolled Back Odometers
For Immediate Release
U.S. Attorney's Office, Northern District of Iowa
Three men were sentenced today for selling vehicles on the internet after re-placing the vehicles’ odometers in order to sell the vehicles at a higher price. In an attempt to avoid detection, the vehicles would be registered in several different names and then ultimately sold to the unsuspecting public. The public would not have purchased the vehicles had they known the true mileage on the vehicles.
Jerret Schreiber, age 50, from Parkersburg, Iowa, received 6 months prison term and 6 months home confinement after he pled guilty to wire fraud. Evidence in the case proved Schreiber was involved in the sale of at least 17 vehicles. He was ordered to repay $90,832.55 in restitution to the victims of his offense. At sentencing, Schreiber made a payment of $45,000 towards his restitution obligation.
David Stangeland, age 33, from Cedar Falls, Iowa, received a one month prison term after he pled guilty to conspiracy to commit odometer fraud. Evidence in the case proved Stangeland was involved in the sale of at least 21 vehicles. He was ordered to repay $85,050 in restitution to the victims of his offense. At sentencing, Stangeland made a payment of $22,400 towards his restitution obligation.
Dustin Arends, age 36, from New Hartford, Iowa, received three years’ probation after he pled guilty to odometer tampering. Evidence in the case proved Arends was involved in the sale of at least 6 vehicles. He was ordered to repay $23,200 in restitution to the victims of his offense. At sentencing, Arends made a payment of $14,000 towards his restitution obligation.
The three men were sentenced in Cedar Rapids by United States District Court Judge C.J. Williams. Schreiber was released on the bond previously set and is to surrender to the Bureau of Prisons on a date yet to be set. Stangeland was released on the bond previously set and is to surrender to the United States Marshal on June 23, 2022, at 10:00 am. There is no parole in the federal system.
The case was prosecuted by Assistant United States Attorney Matthew J. Cole and investigated by the United States Department of Transportation National Highway Traffic Safety Administration, the United States Postal Inspection, and the Iowa Department of Transportation.
Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl.
The case file number is 21-CR-2010.
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Updated May 23, 2022