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Tuesday, January 18, 2011

Former Bank Employee Pleads Guilty to Embezzlement in Wisconsin

A Custer woman has pleaded guilty to embezzling funds from a customers account while employed at a bank in Stevens Point.

At the plea hearing Wednesday, in U.S. District Court in Madison, Elizabeth Simonis admitted that in 2010 while employed at Bulls Eye Credit Union she embezzled $12,000 from a customer's account.

U.S. District Judge Barbara B. Crabb scheduled sentencing for March 23, 2011 at 1:00 p.m. Simonis faces a maximum penalty of 30 years in prison.

The customer was fully reimbursed by Bulls Eye Credit Union.

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