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NEWS RELEASE

OFFICE OF THE UNITED STATES ATTORNEY

WESTERN DISTRICT OF MISSOURI


JOHN F. WOOD


Contact Don Ledford, Public Affairs ● (816) 426-4220 ● 400 East Ninth Street, Room 5510 ● Kansas City, MO 64106

www.usdoj.gov/usao/mow/index.html


AUGUST 9, 2007

FOR IMMEDIATE RELEASE


FORMER BELTON BANK VP PLEADS GUILTY

TO EMBEZZLING $105,000


            KANSAS CITY, Mo. – John F. Wood, United States Attorney for the Western District of Missouri, announced that a former vice president at the Bank of Belton in Belton, Mo., pleaded guilty in federal court today to embezzling nearly $105,000 from the bank.


             Jenny R. Gentile, 35, of Freeman, Mo., waived her right to a grand jury and pleaded guilty before U.S. Chief District Judge Fernando J. Gaitan, Jr., this morning to a federal information that charges her with theft by a bank employee. Gentile was employed as a senior vice-president and commercial loan officer at the Bank of Belton, 204 Main Street, Belton.


             By pleading today, Gentile admitted that she embezzled $104,924 between Aug. 12, 2005, and June 13, 2006. Gentile created false documents and initiated unauthorized disbursements of $104,924 against D & J Properties / Denise Olson for her and/or her affiliates’ and family’s personal use. Gentile used the loan proceeds for her credit card payments, vehicle purchases, property tax payments, attorney fees, relatives, real estate closing fees and cash.


             In connection with today’s guilty plea, Gentile signed an employment restriction agreement with the FDIC agreeing to issuance by the FDIC of an order of removal from office and/or prohibition from further employment at an FDIC-insured institution during the next 10 years.


            Under federal statutes, Gentile could be subject to a sentence of up to 30 years in federal prison without parole, plus a fine up to $1 million and an order of restitution. A sentencing hearing will be scheduled after the completion of a presentence investigation by the United States Probation Office.


            This case is being prosecuted by Assistant U.S. Attorney Jane Pansing Brown. It was investigated by the Federal Deposit Insurance Corporation – Office of Inspector General and the Federal Bureau of Investigation.

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This news release, as well as additional information about the office of the United States Attorney for the Western District of Missouri, is available on-line at

www.usdoj.gov/usao/mow/index.html