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Justice News

Department of Justice
U.S. Attorney’s Office
Western District of Michigan

FOR IMMEDIATE RELEASE
Friday, March 13, 2015

Mason Woman Charged With Bank Embezzlement

Megan Kolberg regularly stole cash from Mason State Bank

          GRAND RAPIDS, MICHIGAN – Megan Kolberg, age 36, of Mason, Michigan, was indicted by a federal grand jury for embezzling over $1,000.00 from Mason State Bank. The indictment, which was filed in the U.S. District Court for the Western District of Michigan on March 11, 2015, alleges that Kolberg worked as an employee of Mason State Bank and embezzled money from the bank from December 2009 until May 2013. According to the indictment, Kolberg regularly stole cash from the bank during this time period, deposited most of the cash to her personal bank accounts, and concealed her embezzlement by making false statements in the bank’s books and records. These false statements pertained to the balances she maintained in accounts under her control, including her teller drawer, head teller vault, and the automated teller machine.

          Kolberg appeared before U.S. Magistrate Hugh W. Brenneman, Jr., on Friday, March 13, 2015, and was released on bond. If convicted of bank embezzlement, Kolberg faces a maximum prison term of 30 years, a fine of up to $1,000,000.00, and an order to make restitution to the bank for the full amount of its losses. The indictment additionally seeks forfeiture of any property that Kolberg obtained directly or indirectly as a result of her embezzlement and seeks a money judgment up to $160,000.00, constituting the amount of the proceeds from her embezzlement.

          The investigation is being conducted by the Lansing office of the Federal Bureau of Investigation and the Mason Police Department. The prosecution is being handled by Assistant U.S. Attorney Ronald M. Stella.

          The charges in an indictment are merely accusations, and a defendant is presumed innocent until and unless proven guilty in a court of law.

Updated January 8, 2016