Fraud Indictment Revised Against Former Radio Group Bookkeeper

Fraud Indictment Revised

Embezzlement charges against former STECKLINE COMMUNICATIONS bookkeeper WILLIAM H. NOLAN have been revised by federal prosecutors, reports the ASSOCIATED PRESS.  NOLAN has been issued a summons for a WEDNESDAY hearing to face mail fraud and wire fraud charges; the revised indictment seeks a $2 million forfeiture judgement.

NOLAN was indicted in SEPTEMBER by a grand jury on one count of mail fraud and one count of wire fraud for allegedly embezzling over $2 million from the broadcasting company, LS MEDIA, INC., also known as STECKLINE, MID-AMERICA AG NETWORK, and BROADCAST TECHNICAL ASSOCIATES.  He pleaded not guilty to the original charges, which alleged that he forged signatures on company checks to pay for $863,924 of credit card debt and used electronic funds transfers to pay for $1,180,088 more in credit card purchases.

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