The Waterloo manager of a national ATM company has been arrested for allegedly taking nearly $2 million from the company, according to the Waterloo Cedar Falls Courier. James Dwyer was the Midwest General Manager for Mobile Money. His tasks were to withdraw large amounts of cash from banks to fill ATMs and to oversee those actually filling the ATMs. Authorities allege that between 2016 and February of 2021 Dwyer stole $1.9 million. Dwyer is also accused of reporting to the IRS that he and his spouse made just over $100,000 in a year when they actually brought in $210,000. Dwyer was charged last week with Wire Fraud and Filing a False Tax Return.
A Waterloo woman has been accused of stealing nearly $150,000 from the excavation company that she worked for, according to the Waterloo Cedar Falls Courier. 55 year old Teresa Chiappone is accused of taking $148,000 while working for Benton’s Sand and Gravel from 2020 to 2022. Authorities say she wrote checks to herself and disguised them as payments to venders with which the company did business. She also allegedly used a credit card issued to a former worker to make purchases. Chiappone has been charged with Wire Fraud.