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Thursday, August 7, 2014

Former bank manager pleads guilty to embezzlement in New Jersey

Federal prosecutors say a former branch manager of a southern New Jersey bank has admitted embezzling more than $260,000.
Season Wengert of Franklinville now faces up to 30 years in prison and a $1 million fine. She also will have to make full restitution.
The 32-year-old Wengert pleaded guilty Tuesday to bank embezzlement. Prosecutors say the thefts occurred between September 2007 and January 2013, but did not say what the money was used for.
Prosecutors say Wengert stole $263,864 by fraudulently conducting online computer transfers of money from 38 accounts belonging to 23 customers into accounts owned by her or her husband. She also withdrew money from customers' accounts and deposited it into her accounts.

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