United Group Insurance

Three sentenced in car odometer scheme

News

May 23rd, 2022 by Ric Hanson

(Radio Iowa) – Three men have pleaded guilty in an internet car selling scheme. The three admitted to replacing the odometers in cars so they showed lower mileage and the cars sold for more money. Fifty-year-old Jerret Schreiber of Parkersburg pleaded guilty to wire fraud and was sentenced to six months in prison and six months home confinement –and ordered to repay nearly 91-thousand dollars in restitution.

Thirty-three-year-old David Stangeland of Cedar Falls was sentenced to one-month in prison fore pleading guilty to conspiracy to commit odometer fraud. He was ordered to pay 85-thousand dollars in restitution. Thirty-six-year-old Dustin Arends of New Hartford received three years’ probation after pleading guilty to odometer tampering. He was ordered to repay 23-thousand-200 dollars in restitution.