Northeast Iowa woman given prison time for defrauding banks

A northeast Iowa woman was sentenced Tuesday to prison time for defrauding several banks out of some 170-thousand dollars. 31-year-old Jean Schipper-Bixby had pleaded guilty to federal bank fraud charges in January. Bixby worked as the manager of a Dike trucking company and admitted that during 2002-2003 she admitted to a scheme to defraud six banks in Waterloo, Dike, Grundy Center and Reinbeck. Schipper-Bixby would deposit checks at A-T-M machines and then spending the money for personal and business related expenses. She has agreed to pay restitution. Schipper-Bixby was sentenced to five months federal prison time and five months home detention.