advertisement

Ex-banker gets 5-year sentence for stealing customers' money

MUNCIE, Ind. (AP) - A former assistant manager at a central Indiana bank has been sentenced to five years in prison after pleading guilty to stealing hundreds of thousands of dollars from depositors' accounts.

Sixty-five-year-old Diane Renee Bizzell said during Monday's sentencing that she stole the money from customers at a First Merchants Bank in Muncie after becoming addicted to playing the slot machines at the Hoosier Park Racing & Casino in Anderson.

The Muncie woman pleaded guilty in August to seven counts of theft, six counts of identity deception and one count of check fraud.

The Star Press reports a First Merchants official told the Delaware County judge that the cost to the bank and its insurance company exceeded $470,000 in replenishing the victims' accounts and conducting an investigation of Bizzell's actions.

___

Information from: The Star Press, http://www.thestarpress.com

Article Comments
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.