OCEAN SPRINGS and JACKSON — In two separate, unrelated cases, one former bank employee has been charged with embezzlement while a second pleaded guilty to the same charge.
Court records didn’t say how much money 52-year-old Margaret Migues allegedly stole between 1980 and 2009 while working at Hancock Bank in Ocean Springs.
Migues is charged with embezzlement in U.S. District in a one-count criminal bill of information, which is often filed by prosecutors when a defendant agrees to waive grand jury indictment and plead guilty.
Karen Sue Smith worked as a teller at Regions Bank in Jackson from 2003-2006. She admitted in court March 4 she would take cash from her drawer, then create false credit and debit tickets to cover her theft.
Smith is scheduled to be sentenced May 13. She faces a maximum of 30 years in prison and a $250,000 fine.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info