Bank VP Defrauds Employer

February 23, 2009


A former vice president of a small community bank in Minnesota allegedly duped the bank out of $200,000 by illegally opening up a line of credit.

Anne E. Justesen, 44, is charged with forging her husband's signature to mortgage documents in order to secure a $200,000 line of credit on a lake home the couple owned in Wisconsin.

Jennings State Bank president, Paul Jennings, said Justesen was fired in 2006 and that her fraud did not involve or impact any of its customers at the bank.

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