According to TV6 in Marquette, Mich., Marquette County prosecuting attorney Matt Wiese has decided to dismiss the charges of residential mortgage fraud and forgery of a document affecting real property pending against former Northern Michigan coach Walt Kyle.
Kyle was fired by NMU last month and then arrested on the fraud charges.
“Additional evidence has been presented to my office after charges were authorized against Mr. Kyle,” Wiese said in the report. “Prior to reviewing this additional evidence, it appeared that the money was unaccounted for and that Mr. Kyle may have disposed of it for his own personal use. After reviewing the additional evidence, it appears that most, if not all, of the money that was obtained by Mr. Kyle through this loan was used to pay off existing debt accumulated during the marriage to his former spouse.”
The report further states that Kyle has agreed that he will reimburse his former spouse for the costs of the attorney she had hired to investigate the situation.
“It appears the money was used to pay off debts incurred during the marriage, and because Mr. Kyle has agreed to reimburse his former spouse for the expenses associated with removing her name from the bank records, I do not believe it is in the interests of justice to continue to prosecute this case,” Weise added.