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Press Release

West Des Moines Man Sentenced to Prison for Stealing from Local Business

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

DES MOINES, IA – On October 14, 2020, Gregory Michael Press, age 46, of West Des Moines, was sentenced to two years in prison by United States District Court Judge Stephanie M. Rose for wire fraud announced United States Attorney Marc Krickbaum. Press was ordered by the Court to serve three years of supervised release to follow his prison term. Additionally, he must pay $450,000 to the victim.

The defendant pleaded guilty to wire fraud in July of 2019. According to court documents, while Press was employed as the director of operations at L&C Billing Services Inc. in West Des Moines, he stole money from the company over a number of years. Press accessed the company payroll and issued himself unauthorized salary raises and bonuses; he paid for personal credit card debit with company funds; he issued company checks and cash to himself; and he placed two women, with whom he had personal relationships with, on the company payroll and insurance plan – although they did not work for L&C Billing Services Inc.

The West Des Moines Police Department and United States Postal Service – Criminal Investigations investigated this matter. The case was prosecuted by the United States Attorney’s Office for the Southern District of Iowa.


Rachel J. Scherle

Updated October 15, 2020

Financial Fraud