Bank Officer Pleads Guilty to Misapplying Bank Funds
| U.S. Attorney’s Office February 23, 2010 |
MADISON, WI—Stephen P. Sinnott, United States Attorney for the Western District of Wisconsin, announced that Margaret L. Hajdas, 39, Necedah, Wis., pled guilty this afternoon before Chief U.S. District Court Judge Barbara B. Crabb to willfully misapplying money and credit of the Necedah Bank in Necedah. Hajdas faces maximum penalties of 30 years in prison and a $1 million fine. Hajdas will be sentenced at 1 p.m. on May 5, 2010.
Hajdas admitted that she misapplied the money and credit of the Necedah Bank between 2005 and 2008 while working as a Bank Vice President. Pursuant to her guilty plea, Hajdas agreed that her criminal conduct involved $33,400 and agreed to pay the Necedah Bank this amount in restitution.
The charge followed an investigation by the Juneau County Sheriff's Department and Federal Bureau of Investigation. Prosecution of this case has been handled by Assistant U.S. Attorney Timothy M. O'Shea.