Friday, January 30, 2009
Montana Woman Sentenced For Embezzling $730K From Bank
Kari L. Alfred, 25, of Lolo, Montana, was sentenced yesterday to one year in prison, plus restitution for embezzling some $730,000 from Farmers State Bank where she had been employed as a bank teller. According to prosecutors, Alfred began stealing in late 2006 and was able to defeat the security cameras by turning her back to them. According to reports, Alfred started by takins small amounts of cash but soon graduated to taking as much as $2,000 per day, "force-balancing" the bank's computer system to cover her tracks. The fraud was uncovered by a routine audit while she was on leave, revealing $73,000 missing. She plead guilty to embezzlement from a bank on October 1, 2008.