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Published September 07, 2012, 03:59 PM

Former Vegas church treasurer facing fraud charges

LAS VEGAS (AP) — A 48-year-old former treasurer of a Las Vegas church is accused of siphoning funds into his own accounts in a scheme that federal prosecutors in Nevada allege cost the congregation some $1.75 million.

LAS VEGAS (AP) — A 48-year-old former treasurer of a Las Vegas church is accused of siphoning funds into his own accounts in a scheme that federal prosecutors in Nevada allege cost the congregation some $1.75 million.

A spokeswoman for U.S. Attorney Daniel Bogden said Friday that Gregory Olson of Ryder, N.D., has been summoned to appear Oct. 5 in U.S. District Court in Las Vegas on fraud and tax charges that could get him up to 32 years in federal prison and more than $1 million in fines.

It wasn't immediately clear Friday if Olson had a lawyer.

An indictment filed Wednesday alleges that as property chairman of Calvary Lutheran Church, Olson mortgaged church property and paid himself more than $440,000 from loan proceeds.

The Las Vegas Review-Journal first reported the indictment.

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