Former Bank Worker Admits Embezzling Over $180k

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WICHITA, Kan. (AP) -- A southeast Kansas woman will be sentenced in July for stealing more than $180,000 from a bank where she worked.

The U.S. Attorney's office says 42-year-old Erie resident Sherrie Landell pleaded guilty Monday to one count of embezzlement by a bank employee.

Landell worked at a branch of Exchange State Bank in the Neosho County town of St. Paul. She maintained the bank's general ledger account and an account designated for accounts receivable on certificates of deposit.

She admitted stealing interest due on the certificates of deposit and other funds, then altering the bank's records to hide her crime.

Landell began the embezzlement in 2007. The scheme was uncovered by a regulatory exam and independent audit in 2013.

Sentencing is scheduled for July 14 in federal court in Wichita.

Posted by Greg Palmer