Former teller sentenced for embezzling more than $700,000 from Burlington bank – Osage County Online | Osage County News

Former teller sentenced for embezzling more than $700,000 from Burlington bank

TOPEKA, Kan. – A former teller at a bank in Burlington, Kan., was sentenced May 5, 2017, to 51 months in federal prison for embezzling from the bank, according to a release from the U.S. Attorney’s Office.

Denise Christy, 48, Burlington, was convicted in a jury trial in January on one count of embezzlement, six counts of making false bank entries, six counts of filing false tax returns and six counts of money laundering.

During trial, the prosecutor presented evidence the crimes were committed while Christy worked as a retail financial services representative and backup vault teller for the Burlington branch of Central National Bank.

One of Christy’s duties was to sell cash in the bank’s vault to the Federal Reserve Bank. In May 2014 auditors determined that more than $700,000 was missing from the vault. Christy falsely claimed the money was shipped to the Federal Reserve Bank via the Garda security company. An investigation showed Christy falsified bank records to cover up the embezzlement and failed to report the embezzled funds as part of her income. In addition, she unlawfully conducted financial transactions in order to spend more than $77,000 in embezzled funds to pay off loans that she and her husband maintained at Farmers State Bank in Aliceville, Kan.

As part of her sentence, Christy was ordered to pay more than $850,000 in restitution.

U.S. Attorney Tom Beall commended the Internal Revenue Service and Assistant U.S. Attorney Rich Hathaway for their work on the case.

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