Posted: Jan 12, 2012 4:53 PM by Paul Kavanaugh
Former American Numismatic Association collections manager Wyatt Yeager plead guilty today in Federal District Court in Wilmington, DE to stealing coins and other objects worth nearly a million dollars from the American Numismatic Association Money Museum, in Colorado Springs.
ANA President Tom Hallenbeck said approximately 300 historically significant coins and other numismatic objects, valued at $984,740, were taken from the American Numismatic Association Money Museum, on north Cascade Avenue.
Yeager, 33, was the museum's collections manager from January through March 2007 and is charged with Theft of Major Artwork.
The theft was discovered by museum officials in October 2007 and was the subject of an extensive FBI investigation after museum staff confirmed the missing items
Yeager faces a maximum penalty of 10 years imprisonment, a $250,000 fine and three years supervised release following any term of imprisonment.