A Sioux City businessman is one of two men charged with stealing over $407,000.00 from the Iowa Department of Transportation.
Fifty-nine year old Grady Marx is charged with first degree theft, conspiracy to commit a felony, on-going criminal conduct, and money laundering.
The other suspect, 56 year old David Weigel of Nevada, Iowa is charged with first degree theft, conspiracy to commit theft, on-going criminal conduct, money laundering and felonious misconduct in office.
The arrests of Weigel and Marx are the result of a two-year investigation that started in July, 2011 when DOT Director Paul Trombino asked the Iowa Department of Public Safety to investigate suspicious activity involving land sales, land leases and mowing contracts for Iowa DOT land.
Investigators detrmined that beginning in 1997, David Wiegel used his employment within DOT to personally, financially benefit from his position.
Weigel is accused of selling DOT land to various individuals and companies while keeping a portion of the funds.
Additionally, he is accused of charging various individuals for maintaining DOT lands, and personally retaining those monies. David Weigel received at least $239,832 of money that was intended for the DOT.
Investigators says Grady Marx conspired with Weigel to deprive the DOT of at least $237,360. Marx is accused of receiving payment for the sale of land belonging to the DOT, as well funneling money to Weigel after receiving payment from DOT for the mowing of DOT land
Authorities seized multiple bank accounts, several cars, trucks and motorcycles.
Weigel is currently being held at the Polk County jail on $55,000 bond. Marx was booked into the Woodbury County Jail and is free on $50,000 bond.