A former Wichita bookkeeper for Steckline Communications pleaded guilty Monday to wire fraud as part of an embezzlement that totaled more than $2 million, U.S. Attorney Barry Grissom said.
William H. Nolan, 50, pleaded guilty to one count of wire fraud. In his plea, he admitted he embezzled from companies whose books he was keeping, including LS Media, Steckline, Mid-America Ag Network and Broadcast Technical Associates.
He paid bills for his personal credit cards by issuing checks from his employers’ companies and forging an authorized signature on the checks. He caused electronic fund transfers from his employers’ bank accounts to pay for purchases he and members of his family made.
At sentencing, Grissom said the government will argue that Nolan should pay more than $2 million restitution. Sentencing is set for March 13. He faces a maximum penalty of 20 years in federal prison and a fine up to $250,000.