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08/05/2025

Iowa woman facing charges in $1 million money laundering investigation

CBS 2 Iowa

A Manchester woman is facing multiple charges after police say they got a tip from a bank about suspicious activity.

Manchester police say Linda Holz was part of a multi-state money scheme that included altering cashiers' checks, laundering money, sending fictitious notices, and identity theft. Investigators say at least $1 million was lost and the investigation is continuing.

Holz is charged with money laundering, forgery, fraudulent practices, identity theft, and ongoing criminal conduct.

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