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Ill. title company owner sentenced for mishandling closing funds
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The Blotter
Tuesday, July 22, 2014
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Karen Strasser Steinke, 65, of Millstadt, Ill., was sentenced to 21 months imprisonment followed by three years supervised release as a result of her convictions for wire fraud in a scheme to defraud clients of Metro East Title, and structuring of financial transactions to avoid currency transaction reporting requirements, U.S. Attorney for the Southern District of Illinois Stephen Wigginton, announced. Restitution was made in full to the victims prior to the sentencing.
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