Woodruff woman accused of taking $500,000 from bank
Mar 12, 2010 9:18:00 AM - thestate.com
A woman has been indicted on a charge that she embezzled more than $500,000 from a South Carolina bank.
The Herald-Journal of Spartanburg reported that 44-year-old Kimberly McAbee of Woodruff was indicted by a federal grand jury on a single count of embezzlement.
Investigators say she took about $520,000 from Arthur State Bank in Union between 2005 and 2009.
Acting U.S. Attorney Kevin McDonald said he could not discuss details of the case. But McDonald said McAbee was a loan administrator and used the position to access bank funds.
She faces a fine of up to $1 million and up to 30 years in prison if she is convicted.
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