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Sac City bank embezzlement?

June 12, 2009

A Sac City, Iowa woman is charged with stealing millions from her employer, Sac City Bank. Radio Iowa reports:

The charges say Pickhinke sold more than 40 fraudulent C-D's from 1995 through 2008 while an employee of the Sac City Bank. She claimed the C-D's were being sold through the bank.

It's also alleged she opened bank accounts using the Social Security numbers of two bank customers who had died -- and then used those accounts to launder the money from the fake certificates she sold.

That's a much longer career than most bank embezzlers have.

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