Minnesota woman agrees to plead guilty to laundering up to $1.5M
FARGO — A Pelican Rapids, Minn., woman has agreed to plead guilty to federal charges of mail fraud and money laundering involving the theft of between $500,000 and $1.5 million from a Fargo-based property management company.
According to documents filed in U.S. District Court in Fargo:
Mickey Haarstad, 52, defrauded Campbell Properties and its investor/partners of between $500,000 and $1.5 million between 2014 and 2018.
As part of a written plea agreement, Haarstad has agreed to plead guilty to one count of mail fraud and one count of money laundering, the latter involving a $20,000 check that was made payable to Carpet World and derived from unlawful activity.
Another part of the agreement states that the government will recommend a sentence at the low end of sentencing guidelines minus 12 months for Haarstad's willingness to plead guilty before an indictment was filed.
The government will also recommend that Haarstad be ordered to pay restitution in the amount determined at sentencing.
According to the company's website, Campbell Properties is a real estate investment and property management company based out of Fargo.