Duluth bank employee gets one year for embezzlement
duluthnewstribune.com | 4/30/08 | Staff Writer
A former employee of a Republic Bank branch in Duluth has been sentenced to a year in prison in connection with embezzling more than $35,000 from the accounts of 12 customers, the U.S. Attorney’s Office in Minneapolis said today.
Charlene Louise Royer, 46, of Sioux Falls, S.D., was also ordered by U.S. District Judge James Rosenbaum to pay $31,600 in restitution and to serve three years of supervised release.
According to Royer’s plea agreement, she was an employee of Republic Bank from Nov. 28, 2004, to Nov. 15, 2005. During that time period, she knowingly embezzled and diverted approximately $35,400, the agreement says. She was charged on Aug. 21 and pleaded guilty on Sept. 21.The case resulted from an investigation by the Federal Bureau of Investigation and was prosecuted by acting U.S. Attorney Frank Magill.