WCCO EYE4 LOGO WCCO Radio wcco-eye-white01, ww color white

Local

Fmr. Bank Manager Admits Stealing $80K From Bank

View Comments

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up
Today's Most Popular Video
  1. WCCO Interview: Girl Behind 'Simon Says Give'
  2. Premeditated Murder Charges Dropped In Waseca Plot Case
  3. 4 Things To Know For 7/29
  4. Lakeville Firefighters Shave Heads For Girl Undergoing Chemo
  5. Polaris Debuts New Slingshot Motorcycle

MINNEAPOLIS (WCCO) — The former vice president and branch manager of Star Bank in Bertha, Minn. admitted in federal court Monday to stealing $80,000 from the bank.

Kenneth Marlyn Ashbaugh, 67, pleaded guilty to one count of bank theft in St. Paul.

Ashbaugh was charged Jan. 27.

According to his plea agreement, he admitted stealing the money from the bank from Sept. 1, 2010 to June 1, 2011. He also admitted to fraudulently obtaining loans from the bank.

Ashbaugh faces a possible maximum penalty of 10 years in prison.

View Comments
blog comments powered by Disqus