Ala. woman pleads guilty in bank larceny

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FLORENCE, Ala. (AP) — A former credit union branch manager has pleaded guilty in federal court to larceny.

The TimesDaily of Florence reports (http://bit.ly/11wpjXI ) Beth Ann Ledbetter, of Muscle Shoals, appeared in court Wednesday and is the third former Valley Credit Union employee to plead guilty to bank larceny in the case.

Officials say an early-April indictment charged Ledbetter and two former co-workers, Tonya Payne and Stacey Mathes, with conspiring to steal more than $61,600 by changing banking information in the credit union's ledgers.

Authorities say the crime is punishable by up to 10 years in prison and a fine of up to $250,000.

Mathes and Ledbetter are scheduled to be sentenced Aug. 29, and Payne's sentencing is set for Sept. 4.

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Information from: TimesDaily, http://www.timesdaily.com/




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