News and Press Releases

News and Press Releases

Former Jackson bank officer sentenced for embezzling bank funds

FOR IMMEDIATE RELEASE
August 21, 2012


MINNEAPOLIS—Earlier today in federal court in St. Paul, a former retail operations officer for the United Prairie Bank in Jackson, Minnesota, was sentenced to 12 months and one day in federal prison for embezzling between $30,000 and $120,000 from customer accounts for her personal use. Carolyn Faye Hampel, age 66, of Jackson, was charged on April 6, 2012. Hampel entered her plea before United States District Court Judge Donovan W. Frank on April 17, 2012. Hampel was also ordered to pay more than $130,000 in restitution.

In her plea agreement, Hampel admitted that from January of 2005 through August of 2011, she embezzled the bank funds. In addition, she admitted using the stolen funds for her personal use, including paying down a loan balance for a family member.

This case was the result of an investigation by the Federal Bureau of Investigation. It was prosecuted by Assistant U.S. Attorney Kimberly A. Svendsen.

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