
Nancy J. Huskins, the former head teller at the State Bank of Lincoln, has been found guilty of embezzling nearly $2 million from the bank. Huskins, 62, entered a plea of guilty to the charge of bank embezzlement and faces a maximum possible penalty of up to 30 years in prison, a fine of up to $1,000,000, and a term of supervised release up to five years to follow any term of imprisonment.
The scheme, which lasted from January 1, 1996, to November 4, 2013, saw Huskins embezzle approximately $1,982,685 for her personal use. The embezzlement was disguised by Huskins, who personally participated in audits of cash amounts and misrepresented the contents of currency bags.
The investigation into Huskins’ activities was conducted by agents of the Federal Bureau of Investigation with the full cooperation of the State Bank of Lincoln. The case is being prosecuted by Assistant U.S. Attorney John E. Childress.
At her court appearance, Huskins waived indictment and entered a plea of guilty to an information that charged her with one count of bank embezzlement. She is currently on bond awaiting sentencing, which is scheduled on November 10, 2014, before U.S. District Judge Sue E. Myerscough.
The embezzlement scheme was uncovered by the FBI, who worked closely with the State Bank of Lincoln to bring Huskins to justice. The bank has since made efforts to recover the stolen funds and prevent similar incidents in the future.
Nancy Huskins’ sentencing is set for November 10, 2014, and she may also be ordered to make full restitution to the bank. As the Grimy Times continues to investigate this case, we will provide updates on any developments and potential consequences for Huskins.
Related Federal Cases
- $2.1M Bank Heist: Illinois Man Charged with Identity Theft and Bank Fraud · Illinois
- Bank President Pleas Guilty to Embezzlement · Illinois
- Bank Employee Sentenced for $2M Embezzlement · Illinois
- Illinois Farmer Accused of $8.4M Bank & Bankruptcy Scam · Illinois
- Pulaski Savings Bank Shut Down, Deposits Sold to Millennium Bank · Illinois
Key Facts
- State: Illinois
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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