Potosi woman sentenced for fraudulent conduct as a bank manager - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Potosi woman sentenced for fraudulent conduct as a bank manager

POTOSI, MO (KFVS) -

A woman from Potosi was sentenced on Friday to one year and one day in prison due to misconduct as a former bank branch manager.

Sheila Aubuchon, 53, of Potosi, Missouri, pleaded guilty in March to two felony counts of purposefully causing Belgrade Bank to fail to file currency transaction reports with the Internal Revenue Service, as required by federal law.

Aubuchon appeared Friday for sentencing in St. Louis.

The court found that Aubuchon had failed to report, as required by federal law, more than $100,000 in cash transactions between 2009 and 2010, and more than $76,000 of the funds she failed to report were funds she had stolen from Belgrade State Bank.

Aubuchon admitted that she failed to report these transactions for the purpose of evading federal laws and regulations.

According to court records, Aubuchon’s fraudulent conduct included 67 different transactions at Belgrade State Bank over the course of more than three years, and affected more than 20 bank customers.

Belgrade State Bank has fully compensated all identified victims for their losses.

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