Former Glencoe Businessman Theft Plea 14 May 13

A former Glencoe businessman whose trial for multiple counts of felony theft was scheduled to start this week has pleaded guilty to 4 counts under an Alford Plea.

48-year-old Bryan Koepp was accused of swindling 15 lenders out of more than $388,000 through false representation over a 2-year period while he was the owner of the Glencoe Garden Center.

An Alford Plea means that the accused maintains innocence, while acknowledging that there is enough evidence for a conviction.

Koepp’s jury trial was scheduled to begin today (Tuesday), but was canceled after he pleaded guilty to 4 counts of felony theft by false representation.

Four counts of felony theft by swindle were dismissed in exchange for the guilty plea.

Sentencing is scheduled for June 28th in McLeod County Court.