Thursday, February 26, 2009

Kansas Bank Execs Charged In $2 Million Embezzlement

Scott D. Becker, 48, of Meriden, Kansas and the former president of Countryside Bank in Meriden, together with Stephanie R. Smith, 33, of Meriden and a former vice president of the bank, were indicted with a third conspirator in the alleged embezzlement of more than $2 million from the bank. A third defendant, Michael W. Wurm, 47, of Meriden, was also named in the complaint. Wurm is alleged to have been a contractor with the bank and participated in the embezzlement scheme. Becker and Smith were terminated by the bank after a bank regulator report exposed irregularities. According to the complaint, starting in 1999, Becker, with the help of Smith obtained fraudulent loans that he benefited from personally.

Read the story here, here and here.

2 comments:

lacrosseks said...

HAHA Now if only he would be charged with the rest of the things he is guilty of. Bastard deserves it.

Anonymous said...

Does anyone know if he has been sentenced for this embezzlement ?