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Iowa Man Sentenced for $140K Wire Fraud Scheme

8/20/2025

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Summary

Story summary

Mitch William Gross from Iowa received a four-month federal prison sentence for wire fraud.
He defrauded Ruan Transportation Corp. by purchasing $140,000 in prepaid gift cards and gaming items using business credit cards.
Gross submitted fake receipts to misrepresent personal purchases as business expenses.
He is ordered to pay $146,590.15 in restitution and will undergo three years of supervised release post-incarceration.

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Story summary

Mitch William Gross from Iowa received a four-month federal prison sentence for wire fraud.
He defrauded Ruan Transportation Corp. by purchasing $140,000 in prepaid gift cards and gaming items using business credit cards.
Gross submitted fake receipts to misrepresent personal purchases as business expenses.
He is ordered to pay $146,590.15 in restitution and will undergo three years of supervised release post-incarceration.