ST. LOUIS (KSDK) – A federal grand jury indicted the former Belgrade State Bank branch manager for fraud and embezzlement, according to the U.S. Attorney's office of Eastern Missouri.
The jury indicted 52-year-old Sheila Aubuchon of three felony counts of bank fraud, three felony counts of theft or embezzlement by a bank employee and two felony counts of causing Belgrade Bank to fail to file currency transaction reports.
According to court documents, Aubuchon forged signatures, altered account numbers and evaded bank procedures to take more than $120,000. She also didn't file CTRs related to these transactions, which are required by federal law.
If convicted, Aubuchon faces up to 30 years in prison on each charge and 10 years for the CTR-related charges.