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John William Rowan, Embezzlement, Minnesota 2017

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St. Paul Accountant Sentenced to 41 Months in Prison for Embezzlement Scheme

St. Paul, Minnesota – St. Paul accountant, John William Rowan, 65, has been sentenced to 41 months in prison for stealing more than $1.2 million from the insurance company where he was employed for over 20 years.

According to the U.S. Attorney’s Office, Rowan, who pleaded guilty on January 19, 2017, to one count of wire fraud, was sentenced on May 5, 2017, before U.S. District Judge Susan R. Nelson in U.S. District Court in St. Paul, Minnesota.

“Over the course of nearly two decades, this defendant systematically abused the trust of his employer to steal more than $1.2 million,” said Acting United States Attorney Gregory G. Brooker. “This case exemplifies the seriousness of embezzlement and the damage it causes to small business owners. Criminals who engage in this type of conduct will be brought to justice.”

Rowan, who was the accountant and controller of his company, used his insider knowledge of the company’s financial transactions to steal more than $1.2 million by issuing 150 unauthorized checks to himself from the company’s bank accounts.

Minnesota Commerce Commissioner Mike Rothman stated, “He diverted business funds to his own personal use while concealing his fraudulent activity. The case was the result of close cooperation involving the Minnesota Commerce Fraud Bureau with local and federal law enforcement.”

Rowan’s crime was the result of an investigation conducted by the FBI, Minnesota Department of Commerce Fraud Bureau, and the North St. Paul Police Department.

This case was prosecuted by Assistant U.S. Attorney Michelle E. Jones.

Defendant Information:

Name: John William Rowan, 65

City and State: St. Paul, Minnesota

Crime: Wire fraud, 1 count

Sentence: 41 months in prison, three years of supervised release, $1,216,218.64 in restitution

Conviction/Delivery Date: May 5, 2017

Dollar Amount: $1,216,218.64

Agency Involved: FBI, Minnesota Department of Commerce Fraud Bureau, North St. Paul Police Department, U.S. Attorney’s Office

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