(Omaha, NE) -- An Omaha man pleads guilty for his part in an embezzling scheme.
The U.S. Attorney's Office says that 42 year old Jeffrey Stenstrom pleaded guilty to a Criminal Information on Wednesday, charging him with Conspiracy to Commit Money Laundering. Stenstrom faces a maximum sentence of 20 years in prison, a fine of $500,000 or twice the amount of the laundered funds, or both.
As part of his sentence, Stenstrom has agreed to pay restitution in excess of $5,100,000 to Darland Properties, LLC. Federal prosecutors say Stenstrom also admitted to forfeiture allegations agreeing to forfeit his interest in a 2020 McLaren 600LT Spider, multiple trucks, various items of jewelry, a home in Arizona, multiple properties in Nebraska, currency, and multiple life insurance policies worth in excess of $2,000,000.
Stenstrom is also currently pending sentencing for Income Tax Evasion in a different matter where he faces a maximum possible punishment of 5 years’ imprisonment, a $250,000 fine, or both. In that matter Stenstrom agreed to pay $1,954,505.10 in restitution to the Internal Revenue Service.