10/11/18 – 8:18 A.M.
A Putnam County woman pleaded guilty to three counts of bank fraud last week. The Putnam County Sentinel reports 51-year-old Jennifer Edelbrock entered the pleas in the U.S. District Court last Thursday. The charges stemmed from an investigation that revealed Edelbrock fraudulently took money from her clients’ bank accounts. The money was supposed to pay for things like payroll and tax obligations.
A federal indictment says Edelbrock spent or transferred more than $914,000 of her clients’ money.
A judge could sentence Edelbrock to 30 years in prison for each count. Assistant U.S. District Attorney Noah Hood says sentencing guidelines make it more likely Edelbrock will spend 41 to 51 months in prison. Sentencing is set for January 28.
MORE: Putnam County Sentinel