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Former BITCO Official Released on Bond

WVIK, Quad Cities NPR | By Herb Trix,

Renata Sago

Published October 29, 2014 at 4:17 PM CDT

A former executive of Bituminous Insurance is accused of stealing millions of dollars from the Rock Island-based company. Tuesday, the US Attorney for the Central District of Illinois announced the arrest of 47-year- old Dominic Scodeller of Davenport for fraud and money laundering.

At a hearing today, he was released on bond with the condition that he surrender his passport and only travel in Scott and Rock Island counties, unless otherwise approved by a probation officer.

Scodeller, a former manager of purchasing and facilities, is charged with defrauding Bituminous Insurance of at least 2.7 million dollars.

His trial is scheduled for January.

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Community Bituminous Insurance

Herb Trix

A native of Detroit, Herb Trix began his radio career as a country-western disc jockey in Roswell, New Mexico (“KRSY, your superkicker in the Pecos Valley”), in 1978. After a stint at an oldies station in Topeka, Kansas (imagine getting paid to play “Louie Louie” and “Great Balls of Fire”), he wormed his way into news, first in Topeka, and then in Freeport Illinois.

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Renata Sago

Renata Sago is WMFE's general assignment reporter and occasional Morning Edition anchor. She covers everything from major political campaigns and unemployment to civil rights legislation and the performing arts for WMFE and NPR.

See stories by Renata Sago