WAUSEON - A Pettisville man was found guilty of multiple money handling charges in Fulton County Common Pleas Court Tuesday in a case involving The Archbold Elevator.

WAUSEON - A Pettisville man was found guilty of multiple money handling charges in Fulton County Common Pleas Court Tuesday in a case involving The Archbold Elevator.

William Fricke, 55, pled no contest and was found guilty of grand theft, and pleaded guilty to delayed price agreement, misapplication of corporate assets, and four counts of insolvent handler not to accept deposits.

From March 2009 to April 2011, at The Archbold Elevator, he deprived farmers of grain bank corn with a value exceeding $7,500, but less than $150,000. He accepted deposits of agricultural commodities knowing the business was insolvent, failed to maintain commodities purchased under a delayed price agreement and misapplied The Archbold Elevator inventory, funds or credits for his personal use.

A pre-sentence investigation was ordered before a sentencing date is scheduled.

(Information courtesy of Scott A. Haselman, Fulton County prosecuting attorney.)