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Former golf coach to be sentenced in loan scam

Former golf coach to be sentenced in loan scam
Image: Andrey Popov/iStock/Thinkstock

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.

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