SEVERE WX : Excessive Heat Warning - Heat Advisory View Alerts
STREAMING NOW: Watch Now

Iowa man takes plea deal in gym program fraud case

An Iowa health coach accused of defrauding dozens of people who lost more than $6.5 million by investing in a gym program has taken a plea deal.

Posted: Jun 18, 2019 8:11 AM

DES MOINES, Iowa (AP) — An Iowa health coach accused of defrauding dozens of people who lost more than $6.5 million by investing in a gym program has taken a plea deal.

U.S. District Court records say 49-year-old Mark Blankespoor pleaded guilty Friday to one count of wire fraud. Prosecutors dropped 23 more counts in return for his plea. His sentencing is scheduled for Oct. 24.

Prosecutors say Blankespoor told investors from at least May 2013 through this past January that the medically oriented program would be licensed to fitness clinics nationwide and that investors could earn a 40 percent return on their money.

But prosecutors say Blankespoor instead used their money for himself and to pay other investors.

Article Comments

Mason City
Clear
88° wxIcon
Hi: 90° Lo: 74°
Feels Like: 101°
Albert Lea
Overcast
84° wxIcon
Hi: 89° Lo: 73°
Feels Like: 90°
Austin
Overcast
84° wxIcon
Hi: 89° Lo: 75°
Feels Like: 90°
Charles City
Scattered Clouds
79° wxIcon
Hi: 89° Lo: 75°
Feels Like: 82°
Rochester
Overcast
75° wxIcon
Hi: 87° Lo: 72°
Feels Like: 75°
Tracking Exiting AM Rain & Dangerous Heat
KIMT Radar
KIMT Eye in the sky

Latest Video

Image

Tracking Exiting Rain & Intense Heat

Image

Albert Lea Search for New City Manager Continues

${article.thumbnail.title}

StormTeam 3: Dangerous heat indices Thursday and Friday

Image

Austin Bruins hold training camp

Image

RPU earmarks money for improved billing

Image

SAW: Lukas Wogen

Image

Salvation Army closing North location in Rochester

Image

Chris' PM Forecast 7/17

Image

B-29 Bomber comes to Mason City

Image

Heat affects livestock at Fair

Community Events