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Scam Costs Topeka Bank $712K


TOPEKA, Kan. (AP) — The president and CEO of Heritage Bank in Topeka says a fraud scheme cost the bank $712,145 last year.

Ernie Beaudet testified about the loss Wednesday at a hearing for 40-year-old Jennifer Hughes-Boyles, a former vice president at the bank.

Hughes-Boyles pleaded guilty in February to fraud.

Hughes-Boyles was scheduled to be sentenced Wednesday. But the sentencing was delayed after attorneys received new reports on the bank’s losses earlier in the day. A judge gave attorneys 10 days to submit briefs before setting a new sentencing date.

Beaudet faces a maximum sentence of 30 years and a $1 million fine.

Hughes-Boyles remains free on bond until sentencing.

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