Former Lincoln bank employee sentenced for embezzling

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SPRINGFIELD – The former head teller at a bank in Lincoln was sentenced today for embezzling approximately $2 million from the bank over a 17-year period.  Nancy J. Huskins, 63, was sentenced to 45 months in federal prison and ordered to pay restitution to the bank in the amount of $2,042,782. Huskins was also ordered to pay a fine of $10,000 and to remain under supervised release for a period of five years upon her release.  Judge Sue Myerscough ordered that funds held in various bank accounts, including a retirement account, and personal checking and savings accounts, be immediately applied as a lump sum to the payment of restitution.

In July 2014, Huskins pled guilty to one count of bank embezzlement. Huskins admitted that during her employment as the head teller at the State Bank of Lincoln, from about January 1996 to November 2013, she embezzled the funds for her personal use. Huskins admitted that in her position as head teller, she had access to the bank's vault and was entrusted with significant access to portions of the vault that maintained large amounts of cash. Huskins admitted that she disguised the embezzlement by personally participating in audits of cash amounts and engaging in other fraudulent acts designed to further conceal her embezzlement.

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