COUNCIL BLUFFS, Iowa – The U-S Attorney’s Office for the Southern District of Iowa reports 57-year old Carol S. Jennings, of Riverton, pleaded guilty Thursday, November 1st, to a charge of Bank Fraud. In the plea agreement, Jennings admitted that while employed as the clerk for the City of Riverton, she opened an account with a local bank by providing a falsified document. Jennings also admitted to depositing city funds into the account and converting almost the entire balance for her own personal use.

A sentencing date of February 20, 2019 has been scheduled. Jennings faces a possible maximum sentence of not more than thirty years imprisonment, a fine not to exceed $1,000,000, up to five years of supervised release following release from imprisonment, a $100 special assessment to the Crime Victims’ Fund, and restitution.

The matter was investigated by the Federal Bureau of Investigation and the Fremont County Sheriff’s Office. The case is being prosecuted by the United States Attorney’s Office for the Southern District of Iowa.