CHARLESTON, SC NEWS - LIVE 5 WCSC Breaking News, Weather, SportsSC woman accused of taking $500,000 from bank

SC woman accused of taking $500,000 from bank

Associated Press - March 12, 2010 7:25 AM ET

SPARTANBURG, S.C. (AP) - A woman has been indicted on a charge that she embezzled more than $500,000 from a South Carolina bank.

The Herald-Journal of Spartanburg reported that 44-year-old Kimberly McAbee of Woodruff was indicted by a federal grand jury on a single count of embezzlement.

Investigators say she took about $520,000 from Arthur State Bank in Union between 2005 and 2009.

Acting U.S. Attorney Kevin McDonald said he could not discuss details of the case. But McDonald said McAbee was a loan administrator and used the position to access bank funds.

She faces a fine of up to $1 million and up to 30 years in prison if she is convicted.

McAbee's family would not comment Thursday.

Information from: Herald-Journal, http://www.goupstate.com/

Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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