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Thursday, June 21, 2012

Federal Grand Jury Returns Indictments


MADISON, WI—A federal grand jury in the Western District of Wisconsin, sitting in Madison, returned the following indictments today. A charge is merely an accusation, and a defendant is presumed innocent until and unless proven guilty.

Wausau Man Charged with Fraud Scheme
Timothy I. Mathwich, 62, Wausau, Wisconsin, is charged in a 24-count indictment with engaging in a scheme to defraud River Valley Bank in Wausau. The indictment alleges that Mathwich, in his role as the president and chief operating officer of J.N. Manson Agency Inc. (Manson), a corporation operating as an insurance agency, acted with David Schofield and Susan Brockman to sell forged insurance premium financing notes to the bank.

According to the indictment, if a customer requested financing for an insurance premium, Manson would prepare an insurance financing premium note for the customer to sign, and it would be sold to River Valley Bank, and the bank would pay Manson for the note by crediting Manson’s account with the bank or by issuing a check to Manson. The indictment alleges that Mathwich and other representatives of Manson prepared insurance premium financing notes in the names of Manson customers who had not requested financing, forged the customers’ signatures on the notes, and then forwarded the forged notes to River Valley Bank. The indictment alleges that from February 2008 to December 2008, forged notes were sold to River Valley Bank that had a face value of over $3.7 million, resulting in a loss to the bank of more than $1.9 million.

If convicted, Mathwich faces a maximum penalty of 20 years in federal prison on each count charged in the indictment. The charges against him are the result of an investigation by the Wausau Resident Agency of the Federal Bureau of Investigation. The prosecution of this case has been assigned to Assistant U.S. Attorney Grant C. Johnson.

Madison Man Charged with Theft of Social Security Funds
Clyde Dingledine, also known as Clyde Malone, 63, Madison, Wisconsin, is charged with converting to his own use money belonging to the Social Security Administration. The indictment alleges that Dingledine converted just over $60,000 to his own use from June 2004 to May 2012.

If convicted, Dingledine faces a maximum penalty of 10 years in federal prison. The charge against him is the result of an investigation by the Social Security Administration. The prosecution of this case has been assigned to Assistant U.S. Attorney Rita M. Rumbelow.

Mexican Citizen Charged with Illegally Re-Entering the United States
Adolfo Galvin-Lopez, 38, a native of Mexico found in Portage County, Wisconsin, is charged with re-entering the United States after previously being removed. The indictment alleges that he was found in the United States on April 17, 2012.

If convicted, Galvin-Lopez faces a maximum penalty of 10 years in federal prison. The charge against him is the result of an investigation by U.S. Immigration and Customs Enforcement. The prosecution of this case has been assigned to Assistant U.S. Attorney Paul W. Connell.

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