Former I.F. Bank Manager Pleads Guilty to Theft of $88,358 - East Idaho News
Crime Watch

Former I.F. Bank Manager Pleads Guilty to Theft of $88,358

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POCATELLO – Hailey Parmer, 30, of Idaho Falls, Idaho, pleaded guilty yesterday to bank theft, U.S. Attorney Wendy J. Olson said. Parmer was originally charged by the United States Attorney’s Office on May 20.

According to the plea agreement, Parmer admitted that between June 2012, and December 19, 2014, she stole $88,358.23 from Wells Fargo Bank. At the time Parmer committed the theft she was employed by Wells Fargo as a manager at a branch in Idaho Falls.

Parmer committed the theft by withdrawing various amounts from three customers’ accounts and then concealed the theft by moving funds between the customers’ accounts and lines of credit and her teller cash drawer. In addition, Parmer admitted embezzling funds from her teller cash drawer and hiding it by avoiding audits and falsely reporting cash balances. Parmer used the stolen money to pay her mortgage, car payments, and credit card bills. She also used it to buy gifts.

The charge of bank theft is punishable by up to 30 years in prison, a maximum fine of $1,000,000.00, and up to three years of supervised release.

Sentencing is set for September 9, before U.S. District Judge B. Lynn Winmill at the federal courthouse in Pocatello.

The case was investigated by the U.S. Secret Service.

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