A Nebraska man is accused of stealing more than $60,000 from an Iowa City bank through a fraudulent wire transfer.
According to an Iowa City police criminal complaint, in January, 59-year-old Micky D. Davis, of Ainsworth, Neb., received $61,920.06 in his bank accord from a fraudulent wire transfer performed by a third party. The third party is not identified in the criminal complaint. The money was transferred to an account Davis keeps with MidwestOne Bank in Iowa City, police said.
Police said Davis wired party of the money to a third party in Hong Kong and withdrew $13,000 for himself.
Davis lied about the origin of the money when asked by bank employees, police said.
Police said Davis also deposited two counterfeit checks into his account from the same third party.
Davis was arrested on Thursday and faces one count of first-degree theft, a class C felony. He remains in custody at the Johnson County Jail.