Today in Muscatine County District Court LARRY MCCOY was sentenced following his guilty plea to two counts of Theft in the First Degree, each a class "C" felony. The court imposed suspended sentences of incarceration and placed MCCOY on probation for five years. The court also ordered MCCOY to pay $ 40,125.68 in restitution.
As part of the plea agreement, MCCOY paid $5,000 towards his restitution obligation immediately upon being sentenced. This money will be sent by the clerk of court to the City of Stockton.
"Mr. MCCOY has a 20 prison sentence hanging over his head to encourage him to make full restitution," said Muscatine County Attorney Alan Ostergren. "My primary objectives are to hold him accountable and get Stockton taxpayers repaid. As of today he is a convicted felon and has a probation officer monitoring everything he does so that restitution will be paid in full," he continued.
MCCOY will be required to make regular restitution payments to the City of Stockton while he is on probation. Iowa law requires the restitution to be paid in full.
The prosecution of MCCOY was the result of an audit conducted by the Audior of State's office.