Stephen P. Sinnott, United States Attorney for the Western District of Wisconsin, announced that Sherry A. Eastman, 62, of Hillsboro, Wis., pleaded guilty yesterday in U.S. District Court in Madison to bank embezzlement. U.S. District Judge Barbara B. Crabb scheduled sentencing for May 25, 2010, at 1:00 p.m. Eastman faces a maximum penalty of 30 years in prison, and the entry of an appropriate restitution order.
At the plea hearing, Eastman acknowledged embezzling approximately $46,000 from the Farmers State Bank in Hillsboro while an employee of the bank. She admitted making unauthorized withdrawals from four customers accounts at the bank.
The charges against Eastman were the result of an investigation conducted by the La Crosse Resident Agency of the Federal Bureau of Investigation. The prosecution of the case has been handled by Assistant U.S. Attorney Grant C. Johnson.
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