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Ex-recruiter accused of embezzling $121,000 from two trucking companies

Prosecutors claim she used the money to pay retail expenses, personal loans

A federal grand jury indicted ex-driver recruiter Michelle Serth-Stein on five counts of wire fraud. Photo: Bill Oxford/Unsplash

A federal grand jury has indicted a former driver recruiter for two Missouri trucking companies on five counts of wire fraud.

The indictment, filed in U.S. District Court in St. Louis, claims that Michelle Serth-Stein, 50, of Smithton, Illinois, submitted fake recruiting expenses for reimbursement from October 2017 to January 2019 while working as a driver recruiter for Midwest Systems. The intermodal logistics company, headquartered in St. Louis, has 61 power units and 46 drivers.

After she was fired in January 2019, Serth-Stein was hired by another St. Louis carrier, AA Express Inc., as a recruiter and to oversee driver safety, the U.S. attorney’s office said.

From March 2019 to August 2019, federal investigators claim, Serth-Stein diverted funds from her employer into her personal account before her employment ended.

AA Express has 121 power units and drivers.

Prosecutors allege she stole nearly $121,000 from the two companies to pay for retail expenses and personal loans.

She hasn’t entered a plea to the wire fraud charges.

According to the U.S. attorney’s office, Serth-Stein faces up to 20 years in prison and a $250,000 fine if convicted.

Click for more articles by FreightWaves Senior Editor Clarissa Hawes.

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  1. Cristero Peter Luna

    Problem isn’t the outfits not even the rookie hiring fleets. It’s the desk jockey fleet manager who’ll anise a fresh new schooling driver. Werner mgr kepty raise for a year and usedy payroll to pay my school loan. Part of the recruit deal. Jason Ashpluhn of Nebraska we’ll have words. Werner sent me a check for $15000 and paid my loan. Thank you truck barons your still good iny book
    Rookies be careful and watch your back

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Clarissa Hawes

Clarissa has covered all aspects of the trucking industry for 14 years. She is an award-winning journalist known for her investigative and business reporting. Before joining FreightWaves, she wrote for Land Line Magazine and If you have a news tip or story idea, send her an email to [email protected].