Former Lincoln Bank Employee Sentenced to Nearly Four Years In Prison for Embezzling From Bank
Springfield, Ill. – The former head teller at a Lincoln, Ill., bank, Nancy J. Huskins, 63, was sentenced today for embezzling approximately $2 million from the bank over a 17-year period. U.S. District Judge Sue Myerscough sentenced Huskins to 45 months (3 years, 9 months) in federal prison and ordered that she pay restitution to the bank in the amount of $2,042,782. Huskins was also ordered to pay a fine of $10,000 and to remain under supervised release for a period of five years upon her release from prison. Huskins, who remains on bond, was ordered to self-report to the federal Bureau of Prisons on a date to be determined by BOP. Judge Myerscough also ordered that funds held in various bank accounts, including a retirement account, and personal checking and savings accounts, be immediately applied as a lump sum to the payment of restitution.
In July 2014, Huskins pled guilty to an information charging her with one count of bank embezzlement. Huskins admitted that during her employment as the head teller at the State Bank of Lincoln, from about January 1996 to November 2013, she embezzled the funds for her personal use. Huskins admitted that in her position as head teller, she had access to the bank’s vault and was entrusted with significant access to portions of the vault that maintained large amounts of cash. Huskins admitted that she disguised the embezzlement by personally participating in audits of cash amounts and engaging in other fraudulent acts designed to further conceal her embezzlement.
The investigation was conducted by agents of the Federal Bureau of Investigation with the full cooperation of the State Bank of Lincoln. The case was prosecuted by Assistant U.S. Attorney John E. Childress.