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A Manitowoc County woman will be facing sentencing on January 27th after pleading guilty to her role in a money laundering scheme.
64-year-old Cherie Campion of Michicot ran a temporary staffing agency based in Manitowoc, through which she generated and submitted thousands of fraudulent invoices. One company that fell victim lost $5 million while a second lost nearly $5.4 million ($5,389,371.51) to Campion. In order to conceal her fraud, Campion registered a “proxy” company with the State of Wisconsin, created a fictitious persona associated with the invoices, and submitted false bank statements.
As part of her plea, Campion acknowledged that her scheme was sophisticated enough to justify an enhancer under US Sentencing Guidelines. The resulting sentence will be imposed during a hearing on January 27th in front of US District Judge Lynn Adelman.
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