Poplar Bluff woman indicted for bank fraud

POPLAR BLUFF, Mo. -- A Poplar Bluff woman is to be arraigned in U.S. District Court on Friday morning after her recent indictment for bank fraud.

Stephanie Ann McCane, a former assistant to a loan officer at Southern Bank in Poplar Bluff, is to appear at 10:45 a.m. Friday in Cape Girardeau before U.S. Magistrate Judge Abbie Crites-Leoni on the two-court indictment, which recently was handed down by a federal grand jury.

On Monday, McCane made her initial appearance before Crites-Leoni, and a bond hearing was held, according to a court clerk. McCane, the clerk said, was released on bond.

The indictment, unsealed earlier this week, alleges on July 16, 2014, and Aug. 14, 2014, McCane did "with intent to defraud, willfully and knowingly execute and attempt to execute a scheme ... to obtain moneys, funds, assets, securities or other property, owned by or under the custody or control of Southern Bank in Poplar Bluff ... by means of false and fraudulent pretenses, representations and promises."

No additional details were released, and neither was the amount of money she is accused to have embezzled.

If convicted, McCane reportedly faces imprisonment of not more than 30 years on each count.

Pertinent address:

Poplar Bluff, Mo.