Federal Reserve supervisor pleads guilty to theft

A former supervisor at Chicago’s Federal Reserve Bank pleaded guilty Wednesday to stealing confidential computer files. The offense is considered a misdemeanor.

Brian McCarthy was a senior credit analyst in the bank’s statistical and financial reporting department from 2009-10. In 2011, he was named supervisor.

According to his guilty plea, the 31-year-old McCarthy signed a code of conduct agreement requiring him to leave behind all bank computer files when his employment ended. McCarthy told the court that on his last work day in October 2011, he tried to steal bank information.

The plea agreement calls for McCarthy to pay $26,400 to the bank. He faces a maximum sentence of a year in prison and a $100,000 fine. Sentencing for McCarthy is set for Oct. 10.