Wisconsin Man Sentenced to Six Years For Fraud

After pleading guilty to carrying out a scheme to defraud in which he diverted money from his business's escrow account, intended to be used to pay closing costs on real estate transactions handled by his business, Daniel LaMarch of Green Bay, Wisconsin, has been sentenced to six years in prison for tax and wire fraud. LaMarch was also sentenced to a term of three years supervised release and ordered to pay restitution in the amount of $3.66 million. LaMarch is the former owner of Title Services of Green Bay, a company that also maintained offices in Appleton, Shawano, Oconto and Kewaunee. During the period March 2002 through February 2008, LaMarch diverted more than $1.5 million from the escrow account to his own personal benefit and the operation of his business. LaMarch also pleaded guilty to failing to pay to the IRS more than $500,000 in payroll taxes withheld from his employees and underreporting his income by more than $118,000.