BANK TELLER SENTENCED FOR EMBEZZLEMENT

PRESS RELEASE

Timothy M. Morrison, United States Attorney for the Southern District of Indiana, announced that SARAH WATSON, 30, formerly of Petersburg, Indiana, was sentenced to 4 months imprisonment today by U.S. District Judge Richard L. Young following her guilty plea to embezzlement by a bank employee. This case was the result of a investigation by the Federal Bureau of Investigation.

WATSON admitted that between January 1, 2004 and May 31, 2007, she stole excess cash from the teller vault while working for the Otwell, Indiana, branch of Citizens Bank. WATSON concealed the theft by making false entries in the teller vault balance sheet she was responsible for maintaining.

According to Assistant U.S. Attorney Todd S. Shellenbarger, who prosecuted the case for the government, Judge Young also imposed 3 years supervised release following WATSON’s release from imprisonment. For the first 4 months of her supervised release, WATSON must reside in a community corrections facility. WATSON paid restitution to the bank in the amount of $61,000 before she was sentenced.

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