(Des Moines, IA) — A Scott County woman is sentenced to three years in federal prison for a business scheme involving millions of dollars.
Thirty-two-year-old Chelsea Gless of Princeton was charged in federal court in 2020 with mail fraud, money laundering, and wire fraud and pleaded guilty to a scheme to defraud and one count of mail fraud. Investigators say Gless was part owner of Royal Metals Group and over four years made false representations to clients about precious metals.
Instead of delivering the precious metals she promised, she used their money to pay other clients and for personal expenses. She was ordered to pay more than two-point-nine-million dollars in restitution.