DES MOINES, Iowa (AP) — Authorities say a Marshalltown man has pleaded guilty to mail fraud in a scheme to inflate his expenses.
The office of U.S. Attorney Nicholas Klinefeldt in Des Moines says 48-year-old Michael Allison made his plea earlier this week. Allison faces up to 20 years in prison at his sentencing, which is scheduled for Oct. 9.
Prosecutors say Allison was chief financial officer and finance director of a regional subsidiary of Airgas Inc. Prosecutors say Allison mailed false expense reports from 2003 to 2012, obtaining at least $300,000 as a result.