COLUMBUS, Neb. – A Columbus man, barred from being a broker in the United States, is accused of widespread fraud totaling tens of thousands of dollars dating back seven years.
53-year-old Karl Dierman is charged with the 12 counts of felony-forgery ranging from January, 2011 to May, 2012.
Dierman served as a financial broker at Mass Mutual Investor Services in Columbus from 2010 until he was forced to resign in March of 2014, according to FINRA a financial regulation company.
Dierman was barred from serving as a broker later that year.
FINRA documents also show that Dierman settled three customer complaints, totaling $63,800. The complaints accuse Dierman of forging documents, taking unauthorized loans from life insurance policies and borrowing money from customers without returning it.
According to his LinkedIn page, Dierman served as the Columbus Scotus Head Golf Coach from 2009 to 2017 and was an adjunct professor at Midland for an 11 month span in 2016.
Dierman also served as a broker for Royal Alliance Associates in Columbus from 2006 to 2010.
He is scheduled to make his first court appearance in Platte County on February 14th.