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You are here: Home / News / Former Granite Falls CFO headed to prison

Former Granite Falls CFO headed to prison

September 13, 2016 By Tasha Redel

The former chief financial officer (CFO) of a Granite Falls company was sentenced to more than six years in prison for embezzling millions of dollars from Fagen  Inc.   Between 2006 and 2015, 38-year-old Kirsten Tjosaas  embezzled 5.7 million dollars, spending it on multiple houses, cars, and RV’s. It’s believed she deposited the money into a Granite Falls bank account she opened, under a Nebraska company she controlled. Tjosaas was also ordered to pay five-point-seven million dollars in restitution to Fagen Inc, an industrial contractor known for building ethanol plants all across the country.

 

 

 

 

 

 

 

 

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