Shauna Quinn, 44, Rockland, Maine, pled guilty to stealing more than $400,000 from the bank where she worked.
The defendant pleaded guilty on August 7, 2013, in U.S. District Court in Portland, Maine, to bank fraud.
According to the initial criminal Complaint and the Indictment, between July 2008 and June 2011, while Quinn was employed as a collection manager at Rockland Savings Bank, she created home equity lines of credit and a share loan in the names of family members and had more than $400,000 in funds improperly withdrawn from those loans.
Quinn increased the authorized amounts of lines of credit without approval, changed customers’ mail addresses without consent, improperly posted transactions and created fictitious loan documents.
The defendant faces up to 30 years in prison at sentencing and a maximum fine of $1,000,000.