Bank employee pleads guilty to taking $100K
Jul 21, 2015 at 11:35 AM
The Kalamazoo Gazette reported Tammy Lynn Lumbard pleaded guilty Monday in U.S. District Court in Grand Rapids to one felony count of bank embezzlement.
Federal investigators said Lumbard stole $108,630 from Huntington Bank customer accounts by preparing checks that were payable to "cash" and forging customer signatures. She was fired in October 2010.
As part of a plea agreement she signed last month, Lumbard has agreed to make full restitution to Huntington Bank.
Lumbard is free on $10,000 bond. Sentencing has not been scheduled.