Former bank officer pleads guilty to bank fraud
August 24, 2009
Total Loss:
$175,000
Michelle Knebel, 38, of Pocahontas, pleaded guilty Friday to an indictment charging her with one count of bank fraud. According to information made public at the time of the plea, Knebel was previously employed as a vice president and regional deposit supervisor of First Mid-Illinois Bank and Trust. As part of the plea, she admitted to fraudulently using the bank's computerized banking software to unlawfully transfer funds to her personal account from 2002 through June 2008, causing a loss of approximately $174,000.
Source:
The Carmi Times
Posted in:
Internal Fraud