Defrauding travel agents is sending a southern Minnesota man to federal prison.
Matthew Harold Schumacher, 46 of Waseca, has been sentenced to two years behind bars after pleading guilty to one count of wire fraud.
The U.S. Attorney’s Office for the State of Minnesota says Schumacher, the owner and operator of Travel Troops, LLC, cheated at least 36 travel agents nationwide of their primary income source. Schumacher deposited at least $160,000 in victims’ funds to his personal account which he used for personal travel expenses, cash withdrawals, retail purchases, car payments, credit card bills, entertainment tickets, and loan payments. He also withdrew thousands of dollars in cash and spent at least $150,000 in victims’ money on his own travel expenses.