Thieving Accountant Prison Sentence 01 May 13

An accountant from Faribault will be spending time in prison for committing bank fraud. Thirty-nine-year-old Ronald Leo Schaeffer has been sentenced to serve the next 33 months behind bars after stealing more than $432,000 from his employer, Environmental Tillage Systems. Authorities say that Schaeffer fraudulently wired more than 120 checks to himself, and used the stolen money to build a lake home in Elysian and pay off car loans.