A former Marshalltown, Iowa insurance agent has been indicted on federal mail fraud charges after being accused of defrauding customers for nearly a decade.
The Marshalltown Times-Republican reported that 65-year-old William Arthur Thiede was charged with five counts of mail fraud in the indictment handed down last week.
Authorities say Thiede took nearly $168,000 in payments people made on phony insurance policies from January 2002 until he left American Family Insurance in September 2010.
Thiede is a former president of the Marshalltown Area Chamber of Commerce.
A Marshalltown phone listing for Thiede was disconnected Tuesday.
Copyright 2025 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Was this article valuable?
Here are more articles you may enjoy.