Former VP of bank sentenced for stealing funds
The former vice president of Necedah Bank in Necedah, Wis., was sentenced Friday in federal court to six months in prison for stealing bank funds. The 39-year-old pleaded guilty in February to charges of misapplying bank funds and credit from the small central Wisconsin bank.
She did this by stealing thousands of dollars from the bank by using customers’ lines of credit, which continued from 2005 to 2008. The Department of Justice has also required her to pay $33,400 in restitution. According to authorities, these illegal activities began when her personal finances began to deteriorate.
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