Sentencing set for 3 women accused of fraud at Ark. bank

WALNUT RIDGE, Ark. (AP) - Sentencing has been set for the end of the month for three women who pleaded guilty to stealing nearly $4 million from a bank in Lawrence County.
 
Brenda Montgomery, Cindy Tate and Peggy Sutton each pleaded guilty in May to conspiracy to commit bank fraud. The women were all employees of the First National Bank of Lawrence County.
 
Prosecutors say the three took money from the vault of the bank's main office in Walnut Ridge for about 10 years, starting in 2005.
 
Montgomery's sentencing is set for Sept. 29, while Tate and Sutton will be sentenced Sept. 30. The Jonesboro Sun reports (http://bit.ly/2ddu6iP) that the women each face up to 30 years in prison.
 
(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 


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