William Nolan faces federal charges that he embezzled more than $2 million during the years he worked as the bookkeeper for Larry Steckline’s radio companies in Wichita, KS. Nolan pleaded not guilty earlier this month and is due back in court Wednesday (11/2) to answer a revised indictment on one count of mail fraud and one count of wire fraud.
The revised indictment adds Steckline’s current company, LS Media Inc., to the list of employers that Nolan is accused of embezzling money from. Nolan’s previous Steckline employers included Mid-America Ag Network, Broadcast Technical Associates LLC and Steckline Communications Inc.
The indictment originally announced in September by US Attorney for Kansas Barry Grissom charged that Nolan made nearly $864K in unauthorized purchases of personal property using company credit cards and issued company checks to pay the credit card bills. That’s the mail fraud charge. Nolan is then accused of purchasing nearly $1.2 million in unauthorized purchases of personal property using company credit cards and then paying the credit card bills with electronic fund transfers. That is the wire fraud charge.
The indictment seeks a total financial judgment of $2,042,080. If convicted, Nolan also faces up to 20 years in federal prison and fines of up to a half million dollars ($250K on each count).