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Lehighton woman charged with embezzling over $300,000 from JTNB

Published January 23. 2014 07:14AM

The U.S. Attorney's Office for the Middle District of Pennsylvania has filed charges against a Lehighton woman for embezzling more than $300,000.

Shelly Ann Kocher, 42, is charged with embezzling approximately $316,324 from customer accounts while she worked as a customer service supervisor at Jim Thorpe National Bank in Jim Thorpe.

A plea agreement was also filed indicating that Kocher intends to plead guilty to the charge when she appears in federal court for her arraignment.

According to U.S. Attorney Peter J. Smith, Kocher was employed by Jim Thorpe National Bank from 1999 until May 2013. Kocher allegedly embezzled the funds by making unauthorized withdrawals from customers' CD and savings accounts between April 2010 and April 2013. Upon discovery of the activity, the bank reimbursed the victims for their losses.

If convicted, Kocher faces up to 30 years imprisonment, $1 million in fines, and mandatory restitution.

The case was investigated by the Scranton office of the FBI and is assigned to Senior Litigation Counsel Bruce Brandler.

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