Iowa man accused of using worthless checks to buy cars
An Iowa man is charged with theft after he allegedly bought cars and got cash with checks drawn on an account that contained only $7.
Justin Nelson, 34, was arrested January 23, 2013 after he was charged with two counts of first-degree theft and one count of second-degree theft.
Nelson reportedly used $5 to open a checking account December 15, 2012 at the Greater Iowa Credit Union, then deposited another $2 into the account December 21.
Within two weeks, Nelson allegedly wrote checks drawn on that account to two car dealers in Ames, where he bought a 2009 Honda civic EX and a 2007 Chevy Silverado pickup truck with a snow blade. He allegedly wrote another $1,175 worth of worthless checks to a woman with whom he was living.
The Ames Tribune reports that in total, Nelson wrote nearly $60,000 worth of checks on the account.
Nelson was held in the Story County Jail in lieu of $25,000 bond. He was appointed a public defender.