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Former Jerseyville Bank Vice President Convicted

September 20, 2011
Total Loss: $4 Million

Mary S. Becker, 56, of Jerseyville, Illinois, pled guilty in federal court in East St. Louis to bank fraud, Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, announced today. The bank fraud took place from at least 2003, through January, 2011, in Jersey County, Illinois. The offense of bank fraud carries with it a maximum penalty of up to 30 years’ imprisonment and/or a fine of $1,000,000, five years’ supervised release, and mandatory restitution. The charge also includes a forfeiture allegation seeking property and proceeds traceable to the bank fraud violation, which includes her residence, two condominiums in Osage Beach, Missouri, a 38’ boat, vehicles, trailers, motorcycles, and bank stock. Sentencing is scheduled for January 5, 2012.

Source: FBI
Posted in: ACH and Wire Fraud Deposit Account Fraud