Acting United States Attorney Dennis R. Holmes announced that a Pierre, South Dakota, woman has been indicted by a federal grand jury for Wire Fraud, Mail Fraud, and Money Laundering.

Marietta Ravnaas, age 52, was indicted on August 3, 2021.  She appeared before U.S. Magistrate Judge Mark A. Moreno on August 10, 2021, and pled not guilty to the Indictment.

The maximum penalty upon conviction is up to 20 years in federal prison and/or a $500,000 fine, three years of supervised release, and up to $700 to the Federal Crime Victims Fund.  Restitution may also be ordered.

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