Ankeny Man Sentenced for Conspiracy to Commit Money Laundering
|U.S. Attorney’s Office November 15, 2011|
DES MOINES, IA—Mark Allen DeJong, age 50, of Ankeny, Iowa, was sentenced to 16 months’ imprisonment for conspiracy to commit money laundering, announced United States Attorney Nicholas A. Klinefeldt. Sentence was imposed by United States District Judge John A. Jarvey. DeJong was also sentenced to three years of supervised release upon his release from prison.
According to the written plea agreement, from 1995 to 2006, DeJong was a Customer Business Manager for Kraft Foods and was responsible for Kraft trade funds. The purpose of the trade funds was to further consumer purchases of Kraft products. Beginning in February 2004, to August of 2006, DeJong fraudulently obtained these trade funds through a money laundering scheme. DeJong initially used the fraudulently obtained money for unapproved business expenses, but later DeJong took the money for his personal use. DeJong fraudulently obtained $295,185 from Kraft Foods, and has been ordered to pay back that amount in restitution.
This case was investigated by the Federal Bureau of Investigation, and was prosecuted by the United States Attorney’s Office for the Southern District of Iowa.