A federal grand jury in Louisville returned an indictment against Michael Glenn Borum, age 31, of Pewee Valley, Kentucky, in Oldham County, on charges of embezzling approximately $40,000 belonging to Your Community Bank while employed as a teller with the bank, United States Attorney Candace G. Hill of the Western District of Kentucky announced today.
The indictment alleges that the embezzlement occurred between March 19, 2009, and June 12, 2009.
In the event of a conviction, the maximum potential penalties are 30 years’ imprisonment, a $1,000,000 fine, and supervised release for a period of five years.
The case is being prosecuted by Assistant United States Attorney Jim Lesousky, and it was investigated by the Federal Bureau of Investigation.
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