Ex-bank manager, employee stole $2M-plus
GULFPORT — Officials say former Hancock Bank branch operations manager Margaret Migues conspired with other employees to embezzle more than $2 million during her 29-year career.
U.S. Magistrate John Roper set a $25,000 unsecured bond for the 52-year-old Migues March 17. With her attorney at her side, Migues waived indictment by a federal grand jury, instead accepting the federal charge of embezzlement already lodged against her.
Court documents show Migues is accused along with others of stealing the money from 1980 through July 2009.
Prosecutors say Migues has entered into a plea agreement with the government, which Roper ordered sealed Wednesday. She is expected to enter a formal guilty plea at a later date. Migues facing a maximum sentence of 30 years in prison and up to a $1 million fine.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Shale oil: market correction or longterm direction?
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Tanger Outlets involved in Southaven project
- New Mississippi state highway map is available for the public
- Hyatt-Place is Columbus’ newest hotel option
- DAVID DALLAS: Who in the Hell are We?
- J.McLaughlin to open in Highland Village next spring
- MBJ exclusive: Jackson’s new airport CEO fulfills desire to taking on the top job
- Analysts hail BancorpSouth stock buyback as ‘handsome’ reward for shareholders