'NYT' Distributor Pleads Guilty to Fraud

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By: A former New York Times distributor has pleaded guilty to defrauding the newspaper's company out of more than $200,000.

A federal grand jury in New York state indicted 50-year-old Martin T. Holtet of La Crosse on wire fraud charges in October. He entered his plea in federal court in Madison on Tuesday.

Federal prosecutors in Madison say Holtet distributed the New York Times in La Crosse between 2002 and April 2008. He created about 8,500 fake subscriptions through the newspaper's Web site. The New York Times Co. paid him about $227,096 in fraudulent delivery fees.

Holtet is set to be sentenced Aug. 18.

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