Wykoff woman charged with
embezzlement from local bank
Tuesday, May 07, 2013 3:44 AM
A 64-year-old woman from Wykoff was charged with embezzling approximately $35,520 from the Security State Bank where she was employed as the head teller.
On May 3, Cheryl Lynn Holzer was charged with one count of bank embezzlement, according to the office of U. S. Attorney B. Todd Jones.
Allegedly, between December 2010 and February 2012, Holzer took bundles of cash from the bank's vault for her personal use. She worked at the bank, located in Wykoff.
If convicted, Holzer faces a potential maximum penalty of 30 years in prison. Any sentence will be determined by a federal district court judge. This case is the result of an investigation by the Federal Bureau of Investigation. It is being prosecuted by Assistant United States Attorney Thomas Calhoun-Lopez.