A former bank teller in Coffey County, Kansas, has been indicted on charges of embezzling approximately $700,000 from her employer, according to U.S. Attorney Barry Grissom.
Denise Christy, 47, of Burlington, Kan., is charged with one count of embezzlement, six counts of making false bank entries, six counts of filing false tax returns, and 10 counts of money laundering.
The indictment alleges that Christy committed the crimes while working as a retail financial services representative and backup vault teller for the Burlington branch of Central National Bank.
One of Christy’s duties was to sell cash in the bank’s vault to the Federal Reserve Bank. In May 2014, auditors determined that more than $700,000 was missing from the vault.
Christy falsely claimed that the money was shipped to the Federal Reserve Bank via the Garda security company. An investigation showed that Christy falsified bank records to cover up the embezzlement and failed to report the embezzled funds as part of her income.
Additionally, she unlawfully conducted financial transactions in order to spend more than $77,000 in embezzled funds to pay off loans that she and her husband maintained at Farmers State Bank in Aliceville, Kan.
Upon conviction, the crimes carry the following penalties: embezzlement – a maximum penalty of 30 years in federal prison and a fine up to $1 million; making false bank entries – a maximum penalty of 30 years in federal prison and a fine up to $1 million on each count; false tax returns – a maximum penalty of three years and a fine up to $100,000 on each count; and money laundering – a maximum penalty of 20 years and a fine up to $50,000 on each count.
Related Federal Cases
- Keith L. Shaffer, Embezzlement, Kansas 2000 · Kansas
- Kaden Herman, Embezzlement by a Bank Employee, Kansas 2024 · Kansas
- Ashley Blacketer, Embezzlement by Bank Employee, Kansas 2024 · Kansas
- Dream First Bank, FDIC Receivership, Kansas, 2023 · Kansas
- Katherine Nicholle Brown, Embezzlement, Missouri 2012 · Kansas
Key Facts
- State: Kansas
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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