Former Hardin bank executive sentenced for fraud
October 22, 2009
Total Loss:
$1.6 million
A 50-year-old former vice president of First Interstate Bank in Hardin has been sentenced to six years in federal prison for stealing more than $1.6 million from the bank. Chief U.S. District Judge Richard Cebull on Wednesday also ordered Vickie D. Becker to pay back the money. Becker had pleaded guilty earlier to bank fraud and money laundering. Prosecutors say Becker used a loan scheme to defraud the bank and then laundered the money through her husband's business. Prosecutors say the money she took over a five-year period was used to cover gambling and other losses racked up by her husband.
Source:
Missoulian.com
Posted in:
Internal Fraud