WASHINGTON, June 12 -- The U.S. Department of Justice's U.S. Attorney's office for XXXXXX (insert district) issued the following press release:
MADISON, WIS. - A Wausau man has pleaded guilty in U.S. District Court in Madison to wire fraud and money laundering, according to Chadwick M. Elgersma, United States Attorney for the Western District of Wisconsin.
Stanley Pophal, 64, Wausau, Wisconsin, pleaded guilty today to defrauding investors out of $14.25 million and using investor funds to fund his lifestyle.
"Today's plea hearing makes one thing unmistakably clear: those who prey on hardworking people through deceit and greed will face decisive consequences," said U.S. Attorney Elgersma. "The United States Attorney's Office is committed t...