Former Bank VP Accused of Embezzling $559,000

Tools

Former Bank VP Accused of Embezzling $559,000

By Becky Ogann

DES MOINES (AP) - A former bank vice president in eastern Iowa has been charged with embezzling about $559,000 from his employer.

Steven Sueppel, 42, of Johnson County was indicted by a federal grand jury in Davenport with one count of embezzlement and six counts of money laundering.

According to the U.S. attorney's office, Sueppel is accused of taking the funds from Hills Bank & Trust in Johnson County from 2000 to 2007. Officials say no customer accounts were affected by the thefts.

Sueppel's case went to the grand jury after investigations by the FBI and the Johnson County sheriff's office.

Add a comment

Name:

Comment: 500 Characters Left

By submitting a comment to this web site, I affirm that I have read, understand, agree to and shall abide by the following rules and regulations as a term and condition of all comments which I may post. As terms and conditions of using this KCRG web site, I agree that I am fully responsible for the contents of all statements which I make. To the best of my knowledge, all such statements are true, fair, and accurate. I shall not post any statements which attack a person’s integrity or moral character, expose a person to public hatred, contempt or ridicule, deprive a person of the benefits of public confidence and social dealings, or injure a person in the maintenance of that person’s business. I shall not knowingly post content that violates the copyright, trademark, patent or other intellectual property right of a third person. I shall not post content that is false, liable, defamatory, obscene, abusive, that violates a person’s right to privacy, that otherwise violates any applicable local, state, national or international law or that is otherwise inappropriate. I acknowledge that if I post a comment which violates this policy that an offended person to whom comments are directed may have a right through judicial process to determine my identity and make a claim against me for damages. I agree that I shall indemnify KCRG, its employees, agents, representatives and affiliates from any and all expenses KCRG may incur as a result of comments I post which violate this policy, claims and/or damages, including but not limited to reasonable attorney’s fees and costs. KCRG is not responsible for the contents posted or anything arising out of the use of the contents or other interaction and has no obligation or duty to monitor or control any posting but does reserve the right to screen, refuse to post, remove, or edit user generated comment.

Athlete of the Week
This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.
More On Demand

What's On KCRG

7:00
Good Morning America
9:00
Regis & Kelly
10:00
The View
11:00
KCRG-TV9 News at Midday