Daniel Lindgren (Clay County Jail photo)
FARGO (KFGO) – A Fargo man has been charged for allegedly embezzling over $2.7 million from his employer. 29-year-old Daniel Lindgren is facing one Class A Felony for embezzlement.
Court documents say Fargo Police were called to Shorestone Development for fraud on October 26. The owner, Mark Payne, told the officer that his chief operating officer, Lindgren, had been embezzling money from the company for three years.
Payne said Lindgren had access to all five bank accounts used by Payne’s five businesses, as well as Payne’s personal accounts. Lindgren also had authority to use a rubber stamp with Payne’s signature to issue checks.
Bell Bank alerted Payne on October 18 that Lindgren was likely embezzling money from an account there. Bremer Bank also told Payne that Lindgren may have embezzled money. Court documents say Payne confronted Lindgren, who didn’t admit guilt but promised to pay back everything he owed. Lindgren gave Payne a check for $175,000, but that check bounced.
Investigators with Fargo Police were given access to financial records, and found 262 checks made out to Lindgren, for a total of $2,716,181.
Lindgren was fired on October 28. When he turned in his laptop, a company employee found Lindgren had used gambling websites and had invested large amounts of money into cryptocurrency.
A warrant was issued for Lindgren’s arrest on October 31. His car was caught on license plate scanning cameras in Fargo. He was stopped on I-94 near Barnesville and arrested by a Clay County deputy.
Lindgren was extradited to Fargo, and appeared in Cass County District Court November 6. He is due back in court January 23. If convicted, Lindgren faces up to 20 years in prison and up to a $20,000 fine.
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