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.
Top Posts & Pages
- Half century of memories — Christmas on Deer Creek to celebrate 50th anniversary
- Prison-contract task force working in wake of Epps' indictment
- Bryant wants free tuition for students with technical diploma
- Prescott leads field for Conerly Trophy as state's best football player
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Analyst: KiOR Columbus plant may end up sold as scrap
- BILL CRAWFORD: Bryant’s tax cut won’t stop spending growth
- UM Chancellor Jones: Lymphoma treatment going well
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals