Home Local News SCHALLER IOWA MAN CHARGED WITH MAIL FRAUD

SCHALLER IOWA MAN CHARGED WITH MAIL FRAUD

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A Schaller, Iowa man has been charged with one count of mail fraud.

61-year-old Alvin Rex is alleged to have collected around $19,000 in unemployment benefits in the names of individuals in Massachusetts and Arizona, which included $600 per week Federal Pandemic Unemployment Compensation Benefits from the CARES Act.
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The complaint alleges that, in May, Rex received approximately $19,000 in deposits in his account at a bank in Storm Lake.

The complaint further alleges that Rex then made a series of cash withdrawals from his account and mailed the cash to at least one other person in Maryland.

If convicted, Rex faces a possible maximum sentence of 20 years imprisonment and a $250,000 fine.