OKLAHOMA CITY, OK—DEAN ELVIN STIGER, 67, of Oklahoma City, has been sentenced to twenty-four months in federal prison and ordered to pay $756,922.05 in restitution for his role in defrauding UE Manufacturing through fictitious freight invoices, announced Sanford C. Coats, United States Attorney for the Western District of Oklahoma.

A grand jury indicted Stiger on July 17, 2013, on sixteen counts of wire fraud and three counts of money laundering. According to the indictment, Stiger owned and operated D&D Equipment & Supply, which provided freight services to businesses in the oil and gas industry, including UE Manufacturing. Stiger and Kevin Sheldon, a purchasing agent at UE Manufacturing, caused that company to pay more than $500,000 in fictitious D&D freight invoices from 2009 to the end of 2012. They met periodically at a bank to divide the proceeds of the crime. The indictment also alleged that Stiger used some of the proceeds in large banking transactions, including the payment of a monthly mortgage in the amount of $20,004.05 and the purchase of a $58,000.00 Cadillac Escalade.

Stiger pled guilty to one count of fraud and one count of money laundering on October 30, 2013. His health and other issues delayed his sentencing.

Yesterday, Chief U.S. District Judge Vicki Miles-LaGrange ordered Stiger to serve 24 months in the custody of the Federal Bureau of Prisons, to be followed by two years of supervised release. He was also ordered to pay $756,922.05 to UE Manufacturing. The court had previously entered an additional order of forfeiture against him in the amount of $436,461.03.

Kevin Sheldon pled guilty to wire fraud on August 16, 2013. His sentencing is pending.

This sentence is the result of an investigation conducted by Internal Revenue Service Criminal Investigation, the United States Secret Service, and the Federal Bureau of Investigation. The case was prosecuted by Assistant U.S. Attorney Scott E. Williams.