WICHITA – A former bookkeeper for Steckline Communications, Inc., has pleaded guilty to wire fraud as part of an embezzlement scheme.
In his plea, 50-year-old William H. Nolan of Wichita admitted he embezzled from companies whose books he was keeping including LS Media, Steckline Communications, Inc., Mid-America Ag Network, Inc., and Broadcast Technical Associates, LLC.
He paid bills for his personal credit cards by issuing checks from his employers’ companies and forging an authorized signature on the checks. He caused electronic fund transfers from his employers’ bank accounts to pay for purchases he and members of his family made.
At sentencing, the government will argue that Nolan should pay more than two-million dollars in restitution.
Sentencing is set for March 13, 2012. He faces a maximum penalty of 20-years in federal prison and a fine up to 250-thousand dollars.
