One charged with stealing, another pleads guilty

by Associated Press

Published: March 5,2010

Tags: banking and finance, embezzlement

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.

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