Titan Pro employee accused of fraud

Published by admin on Wed, 04/19/2017 - 5:39pm

A Buffalo Center, Iowa man has been accused of stealing more than $318,000 from a Clear Lake business.

Richard Wubben was charged in U.S. District Court with mail fraud.  A court filing on Wednesday, April 12, indicated he intends to enter a guilty plea.

Wubben is alleged to have sold seeds, farm chemicals and other agricultural products for Titan Pro, but never paid the company.  He worked as a sales specialist for Titan Pro from Oct. 14, 2014 to Dec. 8, 2015.

According to the prosecution, Titan Pro introduced a new inventory management system in 2015 to track products used by its sales associates.  It was discovered the inventory Wubben said he was housing in a Buffalo Center building was missing.  The missing inventory was valued at $318,485.

Court documents state Wubben would direct customers to make payments for products directly to him.

A representative of Titan Pro said the company had no comment on the case when contacted by telephone.

Wubben could not be reached for comment.

Clear Lake Mirror Reporter

12 N. 4th St.
Clear Lake, IA 50428
Telephone: +1 (641) 357-2131

Mid-America Publishing

This newspaper is part of the Mid-America Publishing Family. Please visit www.midampublishing.com for more information.