COLUMBUS, Neb. – A September sentencing has been scheduled for a former golf coach charged in a loan scam.
The Columbus Telegram reports that 54-year-old Karl Dierman, of Lincoln, has pleaded no contest Platte County District Court to a forgery charge. Prosecutors dismissed 11 other counts in return for Dierman’s plea. His sentencing is set for Sept. 4.
Court documents say the former Scotus Central Catholic coach requested a cash loan against an insurance policy with Mass Mutual Financial Group listing his in-laws as the insureds and identifying the payee as his wife.
Dierman acknowledged forging his in-laws’ signatures on the loan application and forging his wife’s signature to deposit the loan funds in his business account, over which she had no control.
He faces restitution of $14,500.