Sunday, September 27, 2009

Bank boss charged with theft

A former bank manager is charged with three counts of federal bank fraud. The Vermont U.S. Attorney's Office says 44-year-old Kevin Thivierge approved loans totaling $85,000 in the name of a bank customer but used the money for himself. Thivierge served as a Chittenden Bank manager from 2003 to 2007. If convicted he could be sentenced to 30 years in prison and fined $1 million for each charge.