From the Kennebec Journal on 2/18/14:
A Bucksport woman accused of improperly transferring nearly $3 million from financial clients has pleaded guilty to embezzlement and filing false tax returns.
Lynn M. Bowden, 62, pleaded guilty in U.S. District Court and faces up to 30 years in prison and significant fines on the embezzlement charge, U.S. attorney Thomas E. Delahanty announced Wednesday. Bowden also faces up to five years in prison and a fine of up to $250,000 on the false tax return charge.
Bowden was accused of making 108 deposits and transfers of customer funds into her personal accounts from April 4, 2005, to Sept. 26, 2012, while she worked at Merrill Merchants Bank and Chittenden Corp. Those deposits and transfers totaled more than $2.99 million, according to Delahanty.
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Read the whole story here.
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