A former Granger Motors employee has pled guilty to federal wire fraud.
According to court documents, Ralph L. Schippers, admitted to using the dealership’s computerized payroll system to send himself more than $1.4 million extra dollars over a 15 year period.
The fraud was discovered in May. Schippers used the computer system to place unauthorized amounts of money into his bank account, ranging from $300 to $16,400. In addition to the transfers, Schippers also wrote a total of $175,215 in checks to himself between 1998 and 2012.
Schippers entered the guilty plea in court Monday. He is currently out on bond and sentencing has been set for January 17th. In addition to the up to 20 years of federal prison he faces for the wire fraud charges, Schippers has also been sued by Granger Motors.