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Lisbon man sentenced in Heim Manufacturing embezzlement case

Dec. 18, 2012

A Lisbon man has been sentenced to 21 months in prison and three years' probation for wire fraud and one year on probation for filing a false federal tax return.

John F. Losee, W264 N6565 Hillview Drive, was the general manager at Heim Manufacturing Corp., Sussex, a subsidiary of Modern Forge Companies LLC of Blue Island, Ill. He was charged in federal court in May, and pleaded guilty to both charges in July.

He was accused of stealing more than $800,000 from Heim between April 2003 and May 2009. According to court documents, Losee created false documents, including purchase orders and other documents, to make it appear that Heim had ordered and received merchandise from a fictitious business. He then submitted false invoices, and Heim issued more than 220 checks to the fictitious business. Losee intercepted the checks and deposited them in a bank account he opened in the name of the fictitious business, according to court records.

During that six-year period, Losee emailed monthly financial reports to Modern Forge and financial records to make it appear the payments were legitimate, according to the plea agreement. The agreement also indicates that Losee did not include money he obtained under this scheme on his tax return.

In addition to the prison time and extended supervision, Losee was ordered to make $748,506.54 in restitution to Modern Forge.

Losee also faces a lawsuit brought by Heim seeking damages. He is scheduled for a status conference in that case on Jan. 17.

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Weekend Happenings

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Family Movie Night: 6 p.m. April 25, Blessed Teresa of Calcutta Parish Center, W314 N7462 Highway 83, North Lake. The movie “Bambi” will start at 6 p.m. Doors open at 5:30 p.m. Free hot dogs and snacks. Children must be accompanied by a parent. Come in comfy clothes and bring a blanket to relax with. RSVP to the parish office at (262) 966-2191 or at www.blteresaparish.org

Poetry Open Mic Night: 7 p.m. April 25, Books & Company, 1039 Summit Ave., Oconomowoc. Celebrate Poetry Month with an evening a poetry. Read your own or a favorite poet, or enjoy listening to others. Free.

The Brew City Rockers: 9 p.m. April 24, Burke’s Lakeside, 37238 Valley Road, Oconomowoc. The Brew City Rockers are celebrating spring with a party at Burke’s Lakeside. Enjoy a fish fry and stay for the party.

Grow Your Own Salad Gardening Class: 10 a.m. April 25, NuGenesis Farm, N68 W33208 County Road K, Oconomowoc. Join the NuGenesis staff to learn to grow your own delicious and healthy salads at home. $30 recommended donation. www.nugenesisfarm.org

Updates to this calendar are made weekly Monday afternoon. 

 

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