A 68-year-old former bank executive from Milford, Michigan, has pleaded guilty to sexual exploitation of children. Federal authorities say Yeager paid adults overseas to produce explicit videos of children, and that the conduct spanned three years. He is scheduled to be sentenced in January 2027.
Yeager's guilty plea, reported by CBS Detroit, followed a federal investigation that traced his financial transactions across international borders.
Federal prosecutors reported that Yeager was arrested in January 2026, CBS Detroit reported.
Videos Created Overseas
The U.S. Attorney's Office reported that Yeager paid adults in the Philippines and Vietnam between 2022 and 2025 to create explicit videos of children.
U.S. Attorney Jerome Gorgon called Yeager “wicked,” according to CBS Detroit. Jared Murphey said the guilty plea provides accountability for the children Yeager exploited and harmed across international borders, the station reported. Homeland Security Investigations said it will continue working with international partners to identify people who finance and direct the sexual abuse of children, according to the report.
Sentencing Set for January 2027
Yeager is scheduled to be sentenced on January 13, 2027, and faces up to 30 years in prison, according to CBS Detroit. The available case details do not establish that a mandatory minimum applies to him.
Federal Investigation
Homeland Security Investigations Detroit was involved in the case.
Federal Law and CyberTipline Reports
The U.S. Department of Justice says a first-time offender convicted of producing child sexual abuse material under 18 U.S.C. § 2251 faces 15 to 30 years in prison. The available details in Yeager’s case do not identify the statute he pleaded guilty to, so that minimum should not be attributed to him.
The National Center for Missing & Exploited Children reported that its CyberTipline received 20.5 million reports in 2024, down from 36.2 million in 2023. NCMEC describes these submissions as reports of suspected child sexual exploitation; the totals are not counts of confirmed crimes or unique offenders, according to its 2024 data and CyberTipline information.
