Eastern Iowa couple charged

An Eastern Iowa couple may face prison time. The Clinton County Sheriff’s Office began investigating the case back in December 2021 after a disabled  family member reported they fraudulently withdrew $200,000 dollars from their bank account and IRA account. 

Also, in March 2024, the Iowa Insurance Fraud Bureau began investigating after they received information that the suspects fraudulently withdrew $170,416.66 dollars from the victim’s insurance annuity. Lance Seastrand, 52yrs., of Davenport was found that he submitted forged documents to the insurance company in order to facilitate the  withdrawals. Those funds were used for personal benefits, such as, cash withdrawals, casino withdrawals, and payments to creditors.

Lance Seastrand  pled guilty to many Class D felonies, including 3 counts of second degree theft, one count of fraudulent submission to an insurer, and one count of forgery.

Staci Seastrand 56yrs., of Davenport, pled guilty to 3 counts of second degree theft.

They were sentenced to three years supervised probation, and fined $1,025 dollars, and ordered by the court to pay a joint sum of $150,000 dollars restitution to the victim.