Thursday, April 21, 2011

Former Illinois Banker Indicted For Allegedly Embezzling $4.4 Million

Mary Susan Becker, 56, of Jerseyville, Illinois, has been indicted on charges she embezzled $4.4 million from the Jersey State Bank where she had been employed since 1976. Becker began her career at the bank as an assistant cashier and ended up as executive vice president before she left the bank earlier this year. According to the indictment, Becker took money from a certificate of deposit for her personal benefit, was fraudulently reimbursed for expenses that had been inflated and electronically transferred monies from the bank's accounts to her own. Becker's scheme spanned at least 8 years dating back to 2003 or earlier and continuing through January 2011. Prosecutors are also seeking to seize certain of Becker's assets, including her home, two condominium units in Osage Beach, a 38-foot Donzi power boat, and various vehicles, retirement accounts and investments.

Read the story here and here.

25 comments:

  1. check your facts a little closer... she, Jerseyville and Jersey State Bank are all in Illinois, not Missouri. In addition, she had been at the bank since 1976, starting as a teller and working her way up to EVP from there.

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  2. When is the case going to trial? Are you going to post the outcome?

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  3. I have not seen anything new on this. My suspicion is that Becker will strike a plea agreement before too long.

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  4. I just heard that she appeared before the judge yesterday and plead guilty. Her sentencing will be Jan. 5, 2012.

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  5. Any update on this case?

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  6. she was supposed to be sentenced yesterday, 1-18-12. Any update?

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  7. I can't find anything new on this case, any word?

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  8. NOTICE AND ORDER, GRANTING 35 MOTION to Continue Sentencing filed by Mary S Becker. On January 13, 2012, Defendant Mary Becker moved to continue the sentencing hearing set for January 18, 2012, due to a death in her family. For good cause shown, the motion is GRANTED and the sentencing hearing set for January 18, 2012, is RESET to January 30, 2012, at 01:30 PM in the East St. Louis Courthouse before Judge Michael J. Reagan. IT IS SO OORDERED. Signed by Judge Michael J. Reagan on 1/13/2012. (mmr)THIS TEXT ENTRY IS AN ORDER OF THE COURT. NO FURTHER DOCUMENTATION WILL BE MAILED. (Entered: 01/13/2012)

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  9. Anything new on this case? She was supposed to be sentenced today??

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  10. Was there court today on this case and if so what was the outcome?

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  11. http://m.thetelegraph.com/news/bank-65301-becker-judge.html

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  12. R U Kidding? 8 years ? Really.
    She will be young enough to finish spending the rest that they will never find. She should do 30 full years.

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  13. Just read....63 month sentence...unbelievable...so disappointed!

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  14. This is outrageous, people get more time for writing bad checks.

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  15. She'll be out in less than 4 years, $3.5 million that is not accounted for or recoverable. They need to investigate the whole town, corrupt and inbred.

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  16. Are you kidding? 63 months? Was this just handed down? When does she begin serving time?? Any link to the decision?

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  17. 63 months is ridiculous she should have served the same amount of time as she was stealing which is 12 years. Trust me the other money is out there for her kids to have later just wait a few years and you will see them start spending it in small amounts. She sure had a good lawyer who told her what to say and be a great actress.

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  18. Definitely an actress, because anyone that knows her knows that story was a far from the truth as it gets! This is so sickening.... What is wrong with our judicial system?

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  19. So, when does the sentence start and where is she going

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  20. She is laughing in Jersey County's face.........addiction? Yeah, to fraud, and stealing, and bragging, and being full of herself... It is an outrage by any means.

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  21. Apparently she has 60 more days of freedom before she has to start serving her enormous sentence. BTW, the bank has filed civil suits against Becker and her relatives - St. Louis Post Dispatch

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  22. http://media.bnd.com/smedia/2012/01/31/12/40/18mce3.So.98.pdf

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  23. I see her husband is driving around town now is a brand new white pickup special edition. So where did this money come from. hummm.

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