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Thursday, November 28, 2013

TRF bank officer pleads guilty to embezzling in Minnesota

A former Thief River Falls bank officer accused of embezzling $396,000 has pleaded guilty in U.S. District Court in Minneapolis, court records show.

Vicki Lynn Torgerson, 48, faces up to 30 years in prison on the charge of embezzlement by a bank officer. Sentencing has not been scheduled.

Prosecutors say that, between July 2005 and March 2013, she took money from ATMs and the backup cassettes to the machines. Torgerson was a consumer loan officer for Northern State Bank at the time.

Jeanne Cooney, a spokeswoman at the Minnesota U.S. Attorney’s Office, said earlier that sentencing is expected within 90 days of a plea.

The case was initially investigated by the Pennington County attorney but was turned over to federal prosecutors in May.

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