Former VP of Jersey State Bank Sentenced for Bank Fraud
February 2, 2012
Total Loss:
$4,450,000
Mary S. Becker, 57, of Jerseyville, IL, was sentenced in federal court, today, for bank fraud, Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, announced. Becker received a sentence of 63 months in prison, a $100 special assessment, five years’ supervised release, and mandatory restitution in the amount of $4,450,000. The bank fraud took place from at least 2003, through January, 2011, in Jersey County, Illinois. Some of her property traceable to the bank fraud violation was turned over to Jersey State Bank, which included two condominiums in Osage Beach, Missouri, a 38’ boat, vehicles, trailers, motorcycles, and bank stock. Other assets belonging to Becker will be forfeited.
“This sentence is a severe, but just, penalty for such a horrific breach of trust perpetrated by Ms. Becker. Just because you steal without using a weapon does not entitle you to special treatment. Fraudsters, scammers, and thieves will be prosecuted so that we may all be secure in our business dealings.” said United States Attorney Wigginton.
Source:
FBI
Posted in:
Internal Fraud