(Des Moines, IA) — A former assistant football coach at Newton High School could face 20 years in prison for a fraud scheme. Ryan Arguello submitted a guilty plea Monday. Investigators say Arguello started a business by buying properties at a discount, fixing them up, then selling at a profit. He was indicted after it was discovered he offered mortgages on property he didn’t own for collateral on loans. Arguello received more than 600-thousand dollars in loans from individuals who were victimized. He had been facing seven counts of federal wire fraud charges.
Former Assistant HS Football Coach Could Face 20 Years In Prison For Fraud
Apr 26, 2022 | 3:57 PM
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