A Fremont man accused of misappropriating U.S. Postal Service funds pleaded guilty to one count of the indictment.

Michael Peitzmeier, 49, originally pleaded not guilty on Aug. 19 to charges of misappropriation of postal funds and false entries and reports of monies or securities.

As part of a plea deal with federal prosecutors, Peitzmeier on Thursday changed his plea to guilty of making false entries and reports of monies or securities. In exchange, prosecutors will drop the misappropriation charge at the time of sentencing.

Sentencing is set for 10 a.m. on May 23 in front of Senior Judge Richard G. Kopf. The court made a recommendation that Kopf accept the plea agreement.

 

Read more: Fremont man changes plea to guilty.

Peitzmeier denied he stole over $1,000…

From US Attorney, State of Nebraska:

Michael Peitzmeier, age 48, of Fremont, is charged in a two count indictment. Count I alleges that from on or about October 18, 2011, through and including to on or about June 10, 2013, the defendant  converted to his own use funds or property having a value in excess of $1,000, which came into his hands or under his control as an employee of the United States Postal Service. The maximum possible penalty includes imprisonment of 10 years, a $250,000 fine, 3 years of supervised release, and a $100 special assessment. Count II alleges that from on or about October 18, 2011, through and including to on or about June 10, 2013, the defendant, while an employee of the United States Postal Service and charged with the duty of receiving, holding, and paying over monies to and on behalf of the United States Postal Service made a false report of such monies. The maximum possible penalty includes imprisonment of 10 years, a $250,000 fine, 3 years of supervised release, and a $100 special assessment.