Ex-bank worker ordered imprisoned for embezzlement - KMOV.com

Ex-bank worker ordered imprisoned for embezzlement

EAST ST. LOUIS, Ill. (AP) -- A former southern Illinois bank worker who admits stealing more than $174,000 on the job largely to cover pilfering from a school charity is headed to prison.

A federal judge in East St. Louis has sentenced 38-year-old Michelle Knebel of Pocahantas to two years and nine months behind bars. She also must pay $149,622 in restitution.

Knebel pleaded guilty in August to bank fraud.

She was a bookkeeper for the Highland School Charitable Foundation when she began stealing from that fund. When the foundation decided in 2007 to close its account at First Mid-Illinois Bank where Knebel worked, she transferred money from the CD accounts of other customers to the charity's account.

Federal prosecutors say the bank has reimbursed the account holders.

(Copyright 2010 by The Associated Press. All Rights Reserved.)


Have you seen the forecast for tomorrow?
Get the latest St. Louis weather forecast


Powered by Frankly