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Developer Jeff Young pleads guilty in fraud case, will pay $28,400 in restitution


Des Moines Register: Prominent Des Moines Developer Jeff Young is scheduled to plead guilty to fraud charges after dramatically underreporting the value of five cars he bought, and will pay a penalty that is more than double the amount the government alleged he tried to save himself in registration fees. Young, 57, entered a written guilty plea Friday to five counts of fraudulent practice in the third degree, an aggravated misdemeanor. He agreed to pay $28,400 in restitution to the Iowa Department of Revenue, as well as $4,200 in court fees. 

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