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Press Release

Omaha Man Pleads Guilty to Role in Multi-Million Dollar Embezzlement

For Immediate Release
U.S. Attorney's Office, District of Nebraska

United States Attorney Steven Russell announced that Jeffrey Stenstrom, 42, of Omaha, Nebraska pleaded guilty to a Criminal Information today charging him with Conspiracy to Commit Money Laundering. Stenstrom faces a maximum possible punishment of 20 years’ imprisonment, a fine of $500,000 or twice the amount of the laundered funds, or both. As part of his sentence, Stenstrom has agreed to pay restitution in excess of $5,100,000 to Darland Properties, LLC. Stenstrom also admitted to forfeiture allegations agreeing to forfeit his interest in a 2020 McLaren 600LT Spider, multiple trucks, various items of jewelry, a residence in Arizona, multiple properties in Nebraska, currency, and multiple life insurance policies worth in excess of $2,000,000.

United States Magistrate Judge Michael D. Nelson ordered a Pre-Sentence Investigation be conducted and set Stenstrom’s sentencing hearing in front of Chief United States District Court Judge Robert F. Rossiter, Jr. for June 2, 2023, at 1:30 pm.

Stenstrom is also currently pending sentencing for Income Tax Evasion in a different matter where he faces a maximum possible punishment of 5 years’ imprisonment, a $250,000 fine, or both. In that matter Stenstrom agreed to pay $1,954,505.10 in restitution to the Internal Revenue Service.

This case was investigated by the Internal Revenue Service-Criminal Investigation and the Federal Bureau of Investigation.


Michael Norris - Criminal Chief (402) 661-3700

Updated March 9, 2023

Financial Fraud