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Minden Man Sentenced for Bank Fraud Offense

You are here FOR IMMEDIATE RELEASE Wednesday, September 21, 2022 COUNCIL BLUFFS, IA – Stewart Jerome Messerschmidt, age 60, of Minden, was sentenced on Tuesday, September 20, 2022, to two months in prison followed by five years of Supervised Release following his plea to a charge of bank fraud. Messerschmidt made false statements to Shelby County State Bank (SCSB) regarding collateral for his farm loans. During 2017 and 2018, Messerschmidt also provided false information on applications for Marketing Assistance Loans from the Farm Service Agency (FSA) for Messerschmidt’s 2018 farm production. The fraud was discovered during an investigation by SCSB

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