Quantcast

Neosho man admits to stealing more than $4.9 million from his em - KOAM TV 7

Neosho man admits to stealing more than $4.9 million from his employer

Updated:

NEWS RELEASE ISSUED BY THE OFFICE OF U.S. ATTORNEY WESTERN DISTRICT OF MISSOURI TAMMY DICKINSON

SPRINGFIELD, Mo. – Tammy Dickinson, United States Attorney for the Western District of Missouri, announced that a Neosho, Mo., man pleaded guilty in federal court today to stealing more than $4.9 million from his employer.

David VanWinkle, 60, of Neosho, waived his right to a grand jury and pleaded guilty before U.S. Magistrate Judge David P. Rush to wire fraud, money laundering and failure to pay taxes.

VanWinkle was the comptroller for Frontier Leasing Incorporated (FLI) in Joplin, Mo. By pleading guilty today, VanWinkle admitted that he stole $4,911,621 from FLI between June 2008 and December 2013, which he spent on personal expenses and gambling.

Based on a report from a financial institution, federal agents began investigating unusual deposits VanWinkle made into his business accounts for two businesses, VanWinkle Accounting and VanWinkle Farms.

VanWinkle, acting as the comptroller for FLI, received payments from FLI’s customers in the form of checks. VanWinkle deposited some of those checks into FLI’s legitimate business accounts, but deposited other checks into another checking account under the name of FLI that VanWinkle had opened at another bank. VanWinkle was the sole person on this secret account; no one else was aware that FLI had the account and VanWinkle was not authorized to open an account or deposit any of FLI’s customer payment checks into the account.

VanWinkle admitted that he withdrew money from the secret bank account to deposit into his business accounts. The embezzled money was then spent on VanWinkle’s personal and gambling expenses.

According to the indictment, VanWinkle failed to report the embezzled funds from FLI on his personal income tax returns he filed with the Internal Revenue Service for the years 2008, 2009 and 2010. VanWinkle did not file income tax returns for the years 2011 and 2012, the indictment says, and therefore did not report the embezzled funds during these years, either.

In addition, VanWinkle was responsible for collecting payroll taxes for FLI and paying over those payroll taxes to the IRS. VanWinkle withheld those taxes but failed to turn them over to the IRS. VanWinkle admitted that he collected, but failed to pay over, a total of $435,896 in federal tax, Social Security and FICA withheld from FLI employees’ paychecks.

Under the terms of today’s plea agreement, VanWinkle must forfeit to the government $4,911,621, a 2013 Holland tractor, a 2007 Hummer H3, a 2012 John Deere no-till seed drill, and $28,086 that was seized from various bank accounts.

Under federal statutes, VanWinkle is subject to a sentence of up to 30 years in federal prison without parole, plus a fine up to $750,000. A sentencing hearing will be scheduled after the completion of a presentence investigation by the United States Probation Office.

This case is being prosecuted by Assistant U.S. Attorney Patrick Carney. It was investigated by the FBI and IRS-Criminal Investigation.

# # #

  • NewsMore>>

  • Proposed Age Change For Long Haul Truckers

    Proposed Age Change For Long Haul Truckers

    Tuesday, September 18 2018 8:59 PM EDT2018-09-19 00:59:50 GMT

    The Crowder College Transport Training program is where students both young and old, come to learn how to make a living driving big rigs. 

    More >>

    The Crowder College Transport Training program is where students both young and old, come to learn how to make a living driving big rigs. 

    More >>
  • Lafayette House Officials Disagree with Auditor Citing Red Tape Tapping Local Fees

    Lafayette House Officials Disagree with Auditor Citing Red Tape Tapping Local Fees

    Tuesday, September 18 2018 7:06 PM EDT2018-09-18 23:06:43 GMT

      A local domestic violence shelter director says a state auditor's report isn't the reality in Southwest Missouri.         

    More >>

      A local domestic violence shelter director says a state auditor's report isn't the reality in Southwest Missouri.         

    More >>
  • Superintendent of Catholic Schools retires, Diocese of Springfield-Cape Girardeau

    Superintendent of Catholic Schools retires, Diocese of Springfield-Cape Girardeau

    Tuesday, September 18 2018 5:27 PM EDT2018-09-18 21:27:06 GMT
    Leon WittLeon Witt

    On Sept. 13, 2018, Leon Witt, Diocesan Superintendent of Catholic Schools, submitted to the Diocese of Springfield-Cape Girardeau his intention to retire. Bishop Edward M. Rice accepted Witt's request effective immediately. This summer, the Diocese received two different reports from former students concerning the conduct of and comments made by Witt when he was a teacher and principal at the former St. Joseph Catholic School in Springfield, now St. Joseph Catholic Academy. These inci...

    More >>

    On Sept. 13, 2018, Leon Witt, Diocesan Superintendent of Catholic Schools, submitted to the Diocese of Springfield-Cape Girardeau his intention to retire. Bishop Edward M. Rice accepted Witt's request effective immediately. This summer, the Diocese received two different reports from former students concerning the conduct of and comments made by Witt when he was a teacher and principal at the former St. Joseph Catholic School in Springfield, now St. Joseph Catholic Academy. These inci...

    More >>
Powered by Frankly

KOAM - Licensed to Pittsburg, Kansas
Send tips, ideas and press releases to: tips@koamtv.com
Send newsroom questions or comments to: comments@koamtv.com
Phone: (417) 624-0233 or (620) 231-0400
Web comments or questions: webmaster@koamtv.com
Newsroom Fax: (417) 624-3158

Powered by Frankly, Inc. All content © Copyright 2000 - 2018 KOAM. All Rights Reserved. For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.