MANCHESTER, IOWA – Iowa authorities are working with the FBI to untangle a web of fraud and deceit allegedly perpetrated by this suspect that so far totals over $1 million.
On July 21st, Manchester Police received an investigative tip from a local bank regarding suspicious activity relating to a customer. It was determined through investigative means that Linda Holz, of Manchester, was actively participating in a fraudulent money scheme involving multiple suspects from various states. A search warrant was requested and granted, resulting in the seizure of digital devices and information pertaining to the investigation.
After a complete investigation, it was discovered that Defendant Holz actively participated in the forgery of several accounts, businesses, and personal account holders through various means. This includes altering cashiers’ checks, laundering money, sending fictitious notices, and identity theft. Defendant Holz was charged with Money Laundering, Forgery, Fraudulent Practices, Identity Theft, and Ongoing Criminal Conduct. As an estimated dollar amount from digital evidence collected, it currently stands at over 1 million USD lost. Several counts of charges are pending against the defendant.
Manchester Police is working with victims and agencies in other states, to include the FBI, for accurate reporting and navigation of a case of this magnitude.