Colorado Man Charged With Embezzling $259K From Bank

Stephen Bradley "Brad" Budner, 32, of Windsor, Colorado, has been charged with embezzling more thanearly $259,000 from the Cache Bank and Trust in Greeley where he had been employed as a bank officer.  According to authorities, Budner administrative responsibility for various customers' retirement plans and, over a period of 3 1/2 years, from December 28, 2006 to May 29, 2010, redirected forfeited retirement funds in 45 transactions for his own benefit. Budner has reportedly repaid about $221,000, but faces up to 12 years in prison if convicted.

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