Former Bank Employee Sentenced for Bank Fraud

Source: Office of United States Attorneys

United States Attorney Susan Lehr announced that Jacqueline R. Brandt, 44, of Minden, Iowa, was sentenced on January 31, 2024, in federal court in Omaha, Nebraska for bank fraud. United States District Judge Brian C. Buescher sentenced Brandt to time served and five years of supervised release and ordered that she pay $64,102.52 in restitution. Brandt will be required to pay at least $1,000 per month toward restitution during her sixty-month term of supervised release. 

During approximately November 2019 to July 2022, Brandt used her access as a Foundation One Bank employee to embezzle funds from customers’ accounts and to steal cash from the bank. Brandt fraudulently obtained a total of approximately $118,337.52, of which Foundation One Bank was able to recover $54,235.   

This case was investigated by the Federal Bureau of Investigation.