Former NE Iowa Bank Employee to Prison for Embezzling

CEDAR RAPIDS, Iowa (AP) — A 55-year-old woman has been given 21 months in federal prison for embezzling more than $120,000 from a bank where she'd worked.

Federal prosecutors said in a news release Thursday that Ann Sperfslage, of Manchester, had pleaded guilty to embezzlement by a bank employee. She admitted at her plea hearing that, between May 2008 and August 2010, she'd created false loan documents at First State Bank and withdrawn money based on the documents.

Sperfslage also was fined $5,000.