Former Bank VP Accused of Embezzling $559,000

Tools

By Becky Ogann

Story Created: Feb 12, 2008 at 6:27 PM CST

Story Updated: Mar 24, 2008 at 2:26 PM CST

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.

Next Article Waterloo Gas Leak

Conversation Guidelines

Be Kind

Don't use abusive, offensive, threatening, racist, vulgar or sexually-oriented language.
Don't attack someone personally. Keep it civil and be responsible.

Share Knowledge

Be truthful. Share what you know and what you are passionate about.
What more do you want to learn? Keep it simple.

Stay focused

Promote lively and healthy debate. Stay on topic. Ask questions and give feedback on the story's topic.

Report Trouble

Help us maintain a quality comment section by reporting comments that are offensive. If you see a comment that is offensive, or you feel violates our guidelines, simply click on the "x" to the far right of the comment to report it.

read the full guidelines here »

Commenting will be disabled on stories dealing with the following subject matter: Violent crime, sexual abuse, Amber Alerts, Operation Quickfinds and suicides.