Tag Archives: iowa

Mid-2000s Multimillion Dollar Fraudster Finally Gets Sentenced

In the mid-2000s Clarence Allen Rice, owner of C & J Leasing Corporation, ran a complex, multimillion dollar wire fraud scheme to which he was just sentenced to a term of 70 months in prison for earlier this month. Trial and sentencing evidence showed that Rice suffered over $800,000 in day trading losses in the [...]

Owe the State of Iowa? Your Debt May Increase by 25%

The State of Iowa is looking for a way to balance their budget by collecting on hundreds of millions of dollars owed to the state for unpaid taxes, court charges, and anything else they can think of. The legislation says that when a debt becomes 120 days delinquent it will be sent to an outside [...]