Bank Employee Sentenced to Prison for Submitting False Expense Reports
JOHNSTOWN, Pa. - A resident of Hollidaysburg, Pa., has been sentenced in federal court to one day in prison, two years’ supervised release and ordered to pay restitution in the amount of $7,132.03 to First National Bank on his conviction of misapplication of funds by a bank employee, United States Attorney David J. Hickton announced today.
United States District Judge Kim R. Gibson imposed the sentence on Timothy C. Nagle, 54, of Hollidaysburg, Pa.
According to information presented to the court, from Oct. 3, 2010, to Jan. 2014, Nagle, a Senior Vice President at First National Bank, Hollidaysburg, Pa., submitted approximately 24 false expense reports, thereby receiving money he was not entitled to.
Assistant United States Attorney John J. Valkovci, Jr., prosecuted this case on behalf of the government.
Mr. Hickton commended the Laurel Highlands Resident Agency of the Federal Bureau of Investigation for the investigation leading to the successful prosecution of Nagle.