Webster woman faces federal embezzlement charges

WEBSTER, S.D.(Aberdeen American News)- A Webster woman has been charged federally with theft, embezzlement and misapplication by a bank employee.

Angelica J. Gebur, 43, was indicted on Feb. 1 and made her initial appearance on Tuesday where she pleaded not guilty, according to a news release from the South Dakota U.S. Attorney’s Office.

 The maximum penalty upon conviction is 30 years in federal prison and a $1 million fine, five years of supervised release, and $100 to the Federal Crime Victims Fund. Restitution may also be ordered.

The Indictment alleges that, between March 22, 2018 and June 18, 2021, while an employee of CorTrust Bank, Gebur embezzled, abstracted, purloined and willfully misapplied more than $1,000 in cash, assets and securities entrusted to CorTrust Bank.

Gebur was released on bond pending trial which has not been set yet.