TOPEKA, Kan. (AP) The president and CEO of Heritage Bank in Topeka says a fraud scheme cost the bank $712,145 last year.
Ernie Beaudet testified about the loss Wednesday at a hearing for 40-year-old Jennifer Hughes-Boyles, a former vice president at the bank.
Hughes-Boyles pleaded guilty in February to fraud.
Hughes-Boyles was scheduled to be sentenced Wednesday. But the sentencing was delayed after attorneys received new reports on the bank’s losses earlier in the day. A judge gave attorneys 10 days to submit briefs before setting a new sentencing date.
The Topeka Capital-Journal reports she faces a maximum sentence of 30 years and a $1 million fine.
Hughes-Boyles remains free on bond until sentencing.
