A Grafton woman admitted to taking out loans and opening accounts in bank customers’ names without their knowledge in federal court Thursday.
Karen Kinsley, 46, admitted to originating several loans in bank customers’ names without their consent or knowledge, reopening closed checking and savings accounts without their knowledge and using some of the loan proceeds for personal use and some for payments on other fraudulent loans, according to the U.S. Attorney’s Office.
Kinsley committed the crime while serving as the branch manager of the Clear Mountain Bank inside the Kroger store in Sabraton from June 2014 to September 2017.
The government is seeking a money judgement in the amount of $170,219.19, officials said.
Kinsley pleaded guilty to one count of bank fraud and faces up to 30 years in prison.