Mark Martin Ackerman, Wire Fraud, Nebraska 2018

Crete Man Convicted of Massive Wire Fraud Scheme

In a shocking case of corporate betrayal, Mark Martin Ackerman, 32, of Crete, Nebraska, has been sentenced to 120 months for 15 counts of wire fraud. The Honorable Richard G. Kopf, Senior United States Court Judge, handed down the sentence on August 30, 2018.

According to the evidence presented in court, Ackerman embezzled a staggering $1,400,000 from Vertical Horizons Contracting, Inc., a closely held corporation based in Lincoln, Nebraska, over the course of five years. As the office manager for VHC for ten years, Ackerman had unfettered access to the company's finances and exploited this position to line his own pockets.

The scope of Ackerman's scheme is particularly egregious given the fact that VHC is a small, family-owned business that relies heavily on the trust and loyalty of its employees. The fact that Ackerman, a trusted member of the team, chose to betray that trust and steal from his employer is a stark reminder of the devastating consequences of white-collar crime.

As part of his sentence, Ackerman was ordered to pay more than $2,000,000 in restitution, with a portion of that money having already been paid to the Court. He was also ordered to forfeit numerous luxury vehicles and his home in Crete, which were purchased with the stolen money. These assets will be sold for the benefit of victim restitution.

The case against Ackerman was investigated by the Federal Bureau of Investigation, who worked tirelessly to uncover the extent of his scheme and bring him to justice.

As the Grimy Times continues to investigate this case, one thing is clear: the consequences of white-collar crime are severe and long-lasting. In this instance, Ackerman's betrayal of trust has resulted in significant financial losses for VHC and its employees, as well as a lengthy prison sentence for the former office manager.

Mark Martin Ackerman, 32, of Crete, Nebraska, was sentenced to 120 months in prison for 15 counts of wire fraud. The case was investigated by the Federal Bureau of Investigation.

The Honorable Richard G. Kopf, Senior United States Court Judge, sentenced Ackerman to 10 years of imprisonment. There is no parole in the federal system. After his release from prison, Ackerman will begin a three-year term of supervised release.

Source: https://www.justice.gov/usao-ne/pr/crete-man-sentenced-120-months-15-counts-wire-fraud