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You are here: Home / Business / Former Fremont County auctioneer sentenced to prison

Former Fremont County auctioneer sentenced to prison

July 31, 2013 By Dar Danielson

A former southwest Iowa auctioneer will spend time in prison for fraud. A U.S. District Court judge sentenced 55-year-old Robert Duncan, a former resident of Thurman in Fremont County, to four years in prison after he pled guilty in March to defrauding the Social Security Administration, filing a false tax return and making a false statement to a financial institution.

Duncan owned and operated the auction firm Bob Duncan and Associates. He admitted he received Social Security benefits he was not entitled to between 1993 and 2011, filed a tax return that underreported his income, and used false documents to obtain a $225,000 loan in 2005.

Duncan was ordered to pay restitution to the Social Security Administration of $218,755 dollars and the IRS $42,254.

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