MANCHESTER, Iowa (KCRG) – A Manchester woman was charged in a scheme resulting in over $1 million dollars lost, police say. According to our coverage partners KCRG, Linda Holz, of Manchester, was charged in a fraudulent money scheme involving many suspects from different states. The total amount lost currently stands at $1 million dollars. Officers received information from a local bank about suspicious activity concerning Holz. After further investigation, Holz was discovered to have forged multiple accounts belonging to businesses and personal account holders. Police say she participated in making changes to cashiers’ checks, laundering money, sending fake notices, and identity theft. Holz was charged with money laundering, forgery, fraudulent practices, identity theft, and ongoing criminal conduct. The case remains under investigation.
