Former Mankato Bank Officer Charged with Embezzling Funds
| U.S. Attorney’s Office April 09, 2012 |
MINNEAPOLIS—Last week in federal court, a former retail operations officer for the United Prairie Bank in Mankato was charged with embezzling approximately $108,040 in customer accounts for her personal use. On April 6, 2012, Carolyn Faye Hampel, age 65, of Jackson, was charged via an information with one count of embezzlement by a bank officer.
Allegedly, from January 2005 through August 2011, Hampel embezzled approximately $108,039.75 of bank funds. Hampel allegedly used the stolen funds for her personal use, including paying down a loan balance for a family member.
If convicted, Hampel faces a potential maximum penalty of 30 years in prison. All sentences will be determined by a federal district court judge. This case is the result of an investigation by the Federal Bureau of Investigation. It is being prosecuted by Assistant United States Attorney Kimberly A. Svendsen.
A defendant, of course, is presumed innocent until he or she pleads guilty or is proven guilty at trial.