Audit of DOT books shows scope of theft
DES MOINES (AP) — An inspection of Iowa Department of Transportation records by the state auditor shows more than $580,000 of uncollected rent, improper disbursements, and money diverted to personal bank accounts over 17 years.
The report released today by Auditor David Vaudt alleges former DOT employee David Weigel deposited more than $200,000 in his bank account and another $100,000 went to a vendor Weigel worked with.
Weigel and the vendor, Grady Marx, of Sioux City, were charged Saturday with theft and money laundering.
It's not clear if the men are yet represented by attorneys.
Vaudt's audit identifies another $380,000 in Weigel's accounts for which the source could not be determined.
The Social Security Administration is investigating whether Weigel should be collecting disability benefits. He's also collecting money from the state IPERS retirement fund.