Jerseyville Woman Admits To Bilking Bank
EAST ST. LOUIS, Ill. (AP) — A former worker at a southwestern Illinois bank faces up to 30 years in federal prison and $1 million in fines, now that she’s admitted embezzling $4.4 million.
Fifty-six-year-old Mary Becker of Jerseyville pleaded guilty Friday in U.S. District Court in East St. Louis to a charge of bank fraud.
Authorities say Becker worked at Jersey State Bank since 1976, holding positions ranging from assistant cashier to executive vice president. The indictment alleged that Becker inflated expenses and electronically transferred money from the bank’s accounts to her own.
Federal prosecutors are trying to seize Becker’s home, two condos near Missouri’s Lake of the Ozarks, a 38-foot powerboat and various other investments.
Copyright Associated Press