A former Gilbertville man has pleaded to taking nearly $2 million from the ATM company he worked for, according to the Waterloo Cedar Falls Courier. James Dwyer admitted to taking $1.9 million from Mobile Money. Prosecutors say Dwyer likely took multiple millions of dollars from the company from at least 2016. Dwyer took cash that was withdrawn from a bank and meant to be used to stock ATMs. He then misled company officials and produced bogus reports and emails to hide the thefts. He also failed to claim those ill-gotten funds on his taxes. In late September Dwyer pleaded guilty to Wire Fraud and Filing a False Tax Return. He faces up to 23 years in prison. As part of the plea deal Dwyer must pay at least $1.9 million in restitution to Mobile Money and more than $206,000 to the Internal Revenue Service. Dwyer also owes nearly $27,000 in a credit card lawsuit and faces a further nearly $10,000 in another credit card lawsuit that was brought in June. He sold his Gilbertville home for $360,000 in August of last year.
