Thursday, March 1, 2012

Former Missouri Banking Exec Pleads Guilty To Embezzling $540K

Kelley Lee Steiner, 52, Jefferson City, Missouri, pleaded guilty to charges she embezzled more than $540,000 from the Jefferson Bank where she had been employed as a vice president and secretary to the board.  Steiner also served as the personal executive assistant to former bank president Harold W. Westhues.  Authorities alleged that over a period of nearly 7 years, from January 2002 through November 2008, Steiner embezzled from both the bank and Westhues personal checking account.  Steiner is also alleged to have embezzled about $54,000 from Modern Business Systems, another company for which she had been employed.  Steiner had been charged with embezzlement by a bank officer and submitting a fraudulent tax return in an criminal Information.

Read the story here and here.

Update (1/3/13): Steiner was sentenced to one year and a day in prison and ordered to pay restitution in the amount of $664,495.

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