Iowa Falls Woman Confesses To Embezzlement

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An Iowa Falls woman has confessed to the embezzlement of money from a bank where she had worked. She is accused of defrauding more than $144,000.

Federal prosecutors say Teresa Kobriger embezzled the money when she was working for Iowa Falls State Bank from December 2008 to December 2012.

According to prosecutors, Kobriger was charged with stealing after appealing to U.S. District Court in Cedar Rapids on Wednesday.

Court documents indicate that she changed the bank records fraudulently to keep the theft dark.

She faces up to thirty years in jail. However, her sentencing date is yet to be set.


Photo Credit: dp


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