Bank Vice President Receives Six-Month Sentence for Misapplying Funds
| U.S. Attorney’s Office May 07, 2010 |
MADISON, WI—Stephen P. Sinnott, United States Attorney for the Western District of Wisconsin, announced that Margaret L. Hajdas, 39, Necedah, WI was sentenced today by U.S. District Judge Barbara B. Crabb to six months in prison for misapplying money and credit of the Necedah Bank. The District Court also ordered Hajdas to pay $33,400 in restitution.
Hajdas misapplied bank funds by taking money from the bank by using customers’ lines of credit. Judge Crabb indicated what she found most disturbing was that Hajdas had stolen money from bank customers who had come to trust her.
United States Attorney Sinnott stated that the charges followed an investigation conducted by the Federal Bureau of Investigation. The prosecution of this case has been handled by Assistant U.S. Attorney Timothy M. O'Shea.