United States Attorney Dennis R. Holmes announced that a Webster, South Dakota, woman has been indicted by a federal grand jury for Theft, Embezzlement, and Misapplication by Bank Employee.
Angelica Jean Gebur, age 43, was indicted on February 1, 2022. She appeared before U.S. Magistrate Judge Mark A. Moreno on February 8, 2022, and pled not guilty to the Indictment.
The maximum penalty upon conviction is up to 30 years in federal prison and/or a $1,000,000 fine, five years of supervised release, and $100 to the Federal Crime Victims Fund. Restitution may also be ordered.
The Indictment alleges that beginning on or about March 22, 2018, and continuing through June 18, 2021, Gebur, who was an employee of CorTrust Bank, a financial institution whose deposits were insured by the Federal Deposit Insurance Corporation, embezzled, abstracted, purloined, and willfully misapplied more than $1,000 of moneys, funds, assets, and securities intrusted to the custody and care of CorTrust Bank.
The charge is merely an accusation and Gebur is presumed innocent until and unless proven guilty.
The investigation is being conducted by the Federal Bureau of Investigation and the South Dakota Division of Criminal Investigation. Assistant U.S. Attorney Ann M. Hoffman is prosecuting the case.
Gebur was released on bond pending trial which has not been set yet.