Forum News Service, Published November 14 2013
Former bank officer pleads guilty to embezzlementMINNEAPOLIS - A former Thief River Falls bank officer accused of embezzling $396,000 has pleaded guilty in U.S. District Court in Minneapolis, court records show.
Vicki Lynn Torgerson, 48, faces up to 30 years in prison on the charge of embezzlement by a bank officer. Sentencing has not been scheduled.
Prosecutors say that between July 2005 and March 2013, she took money from ATMs and the backup cassettes to the machines. Torgerson was a consumer loan officer for Northern State Bank at the time.
Jeanne Cooney, a spokeswoman at the Minnesota U.S. Attorney’s Office, said earlier that sentencing is expected within 90 days of a plea.
The case was initially investigated by the Pennington County attorney but was turned over to federal prosecutors in May.