A former Freeborn County Commissioner from Southeastern Minnesota has pleaded guilty to a federal felony of federal wire fraud in federal court in Minneapolis. The former County Commissioner, Lida Kae Tuttle-Olson, aged 60 from Albert Lea, pleaded guilty to wire fraud and admitted stealing almost $1 Million from real estate escrow accounts. Prosecutors from the U.S. Attorney’s office said that Olson transferred over $920,000 from escrow accounts to her own company bank accounts and wrote checks to herself. Through her attorney, Olson claimed that the federal wire fraud and embezzlement had occurred because she had a compulsive gambling habit. As a result, Olson faces several years in federal prison for this “white-collar” crime. If you or a loved one needs help with a federal fraud, federal wire fraud, federal embezzlement or theft, or similar crimes, contact experienced federal criminal defense attorney Max A. Keller NOW by calling 952-466-6926 or 866-929-7597.
As a result of her guilty plea, Olson now faces a possible sentence of several years in federal prison and restitution of almost one million dollars.