Delaware Woman Pleads Guilty to $349,000 Embezzlement

WILMINGTON, DE—Charles M. Oberly, III, United States Attorney for the District of Delaware, announced that Kimberly Y. Drummond, age 47, of Middletown, Delaware, pled guilty to one count of embezzlement from a federally insured financial institution. Drummond, who will be sentenced on April 3, 2014, by the Honorable Leonard P. Stark, United States District Judge for the District of Delaware, faces a maximum sentence of 30 years in prison, a fine of $1,000,000, and six years of supervised release following her prison sentence.

According to statements made at the plea hearing on December 12, 2013, and documents filed in court, Drummond was employed by Discover Financial Services in New Castle, Delaware, for nearly 20 years. In or around November 2008, Drummond began falsifying entries in Discover’s books and records, resulting in the issuance of duplicate checks from Discover Bank. Drummond deposited the checks into her personal bank accounts, and she used the checks to pay her mortgage lender. Drummond embezzled more than $349,000 from Discover from November 2008 through August 2012.

U.S. Attorney Oberly lamented, “Yet another breach of trust by someone entrusted to protect financial resources. These cases will be vigorously prosecuted by this office and appropriate punishments will be sought.”

This case is being investigated by the Federal Bureau of Investigation and prosecuted by Assistant United States Attorney Lauren Paxton.