Sioux Falls, SD
A former employee at Medical X-Ray in Sioux Falls has been federally indicted for bank fraud, embezzlement and money laundering.
Gerald Larson worked as the business manager for the now closed Medical X-Ray Center.
Now, Larson has been federally indicted for embezzling from the health care company.
Court documents say Larson started embezzling nearly a decade ago in April 2003.
The indictment says Larson deposited business checks into his own personal bank account. It also says that he transferred nearly $100,000 of the money out of his daughter's investment account to pay a construction company as recently as December.
The charges don't say exactly how much money was taken but Larson faces more than $2 million in fines and 80 years in prison.
We have attached the court papers below.