Former Shorestone Development COO Indicted For Unauthorized Checks To Himself Worth Over $2.8 Million

FARGO, N.D. (KVRR) — The former chief operating officer of Shorestone Development of Fargo is indicted by a grand jury on four counts of bank fraud.

29-year-old Daniel Lindgren of West Fargo is accused of writing himself around 270 checks worth over $2.8 million from July 2022 through October 2024.

He had a rubber stamp with the owner’s signature and authorization to issue checks and move money between businesses.

In addition to the unauthorized checks, Lindgren made numerous unauthorized charges to a Shorestone Development credit card.

He was arrested last October and charged in Cass County with theft.

That charge will likely be dropped due to the federal charges.