Vermont State Police On August 20, 2015, Passumpsic Bank Officials from the St Johnsbury Center Branch reported to the Vermont State Police that an employee, Janet Katalina, embezzled money from the Bank’s own accounts (not a customer’s account). Katalina held the position of Accounting Analyst and Payroll Specialist. Katalina was terminated from the bank on August 19, 2015.
Bank Officials determined and the investigation confirmed that Katalina first embezzled $734.00 on December 19, 2014 by cashing in her annual leave without actually adjusting her annual leave balance. Katalina was the inputter for this data as the payroll specialist. Investigation revealed that Katalina took steps to hide what she had done to include not filing certain forms with the Bank’s Human Resource Office.
Janet Katalina. VSP photo.
Katalina also paid $27,781.36 toward her personal credit card using a Passumpsic Bank Treasure’s Check. The $27,781.36 was from one of the Bank’s own account and not from any customer accounts. Katalina took steps in hiding this embezzlement by transferring funds from several of the bank’s own accounts. However, audits done by the bank uncovered both embezzlements.
On September 21, 2015, Janet Katalina was charged with embezzlement (two counts). She was released on a citation with an arraignment date of November 9, 2015.
VSP 9.24.2015