Two men in their 60s escaped a minimum security prison in Duluth, Minn., on Saturday.
Star Tribune said Michael Krzyzaniak and Gerald Greenfield will face additional years of incarceration if they are apprehended.
The two men were discovered missing around10 p.m. on Saturday evening during a scheduled prisoner count, Star Tribune said.
Krzyzaniak has served three years of his 12-year prison sentence. Krzyzaniak promoted development projects that never began. He pleaded guilty in 2011 to wire fraud and tax evasion, which caused investors to lose nearly $26 million, Star Tribune reported.
Krzyzaniak is a 64-year-old white male with brown hair and hazel eyes, he is 6'0" tall and weighs about 200 pounds, Kare 11 said.
Greenfield has served two years of his four-year sentence. He was convicted for conspiracy to commit money laundering. He helped one of the developers of the Sexton Lofts in Minneapolis scheme a $2.5 million mortgage fraud, Star Tribune said.
Greenfield is 67-years-old with blond hair and blue eyes. He is a white male, stands 5'9" and weighs 150 pounds, Kare 11 said.
The Duluth minimum-security prison has a gym, a movie theater, and food service with a salad bar, Star Tribune said. It houses other white-collar criminals, like Denny Hecker, Star Tribune said.
Krzyzaniak and Greenfield must have wanted to retreat to their lavish lifestyles, which included chartered jets, multi-million dollar homes in Laguna Beach, and expensive vehicles such as Mercedes Benz.