A woman who owns two homes in the Jim Thorpe School District, and who defrauded National Penn Bank of $4.1 million, has been sentenced to 75 months in prison.

Roberta Stutzman, 63, who had worked in the Boyertown branch of National Penn Bank, pleaded guilty to bank fraud, bank embezzlement, and tax fraud on March 19.She was sentenced Wednesday to the prison term by U.S. District Court Judge Joel H. Slomsky.Besides the prison term, she was ordered to make restitution of over $4 million.Assistant U.S. Attorney Denise S. Wolf said Stutzman spent much of the embezzled funds on expensive vehicles, a vacation home, real estate, costly jewelry, paid vacations, and gifts, as well as transferred hundreds of thousands of dollars to third parties.The third parties were not identified.Stutzman also filed a false federal income tax return for calendar year 2007 by not reporting approximately $719,571 in additional income from the embezzled funds.A Grand Jury ordered that she forfeit personal property including three BMWs, a Cadillac, a Hummer, snowmobiles, camera equipment, jewelry, furniture, bank account funds, and the following real estate:• 42 Hughes Lane, Jim Thorpe.• 1155 Elliot Road, Albrightsville.• 61 Homestead Dr., Boise, Idaho.• 75 Homestead Dr., Boise, Idaho.• 3041 Chestnut Hill Road, Pottstown.Stutzman was a manager and assistant vice president of the bank. As a manager, she was responsible for processing new loan information and monitoring and processing transactions to the suspense general ledger accounts.The court information says she also had access to the bank computer system that allowed her to create new loans and to adjust amounts in the suspense accounts. She also had override authority on the system and was able to create and process certain adjustments.Court records show that Stutzman fraudulently opened two lines of credit under false names and two lines of credit under her name and her husband's name.She stole money from these lines of credit to pay off her debts. She also transferred money from these lines of credits to other accounts, including accounts in the name of third parties, who were not identified.The complaint said these third parties benefited by receiving substantial money transfers, gifts of jewelry, real property, vehicles and furniture, paid vacations, paid child care expenses, and regular and significant monthly payments of credit card debt and mortgage debt.The court record says Stutzman regularly accessed the bank computer database to delete the accrued interest on the fictitious lines of credit.Though this scheme, Stutzman stole and misappropriated, and concealed accrued interest, in the total amount of approximately $4,414,538 from the bank.The Federal Bureau of Investigation and the Internal Revenue Service were involved in the investigation.