Christine Swan, 48, of Rhinelander, Wisconsin, who has been accused of embezzling more than $100,000 from Crossroads USA, a local auto dealership, is reportedly seeking a plea agreement with prosecutors. According to authorities, Swan, who was employed as office manager for the dealership, created phony inventories to obtain loans from M&I Bank which she converted to her own benefit. She has been charged with one felony count of fraud against a financial institution.
Read the story here and here.
Update (2/21/12): Swan pleaded no contest and has been convicted of a Class H felony as a consequence. She faces up to 3 1/2 years in prison, plus restitution.
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