Premise: CHARLES CITY, Iowa – A woman is accused of embezzling from First Security Bank & Trust. Scroll for more content... 33-year-old Cassandra Marie Lane of Charles City has been charged with counts of 1st and 2nd degree theft. Authorities say that while workingat First Security Bank & Trust between October 2016 and August 2017, Lane took $17,287.78 from other accounts and transferred the money to her husband’s checking or savings accounts. The criminal complaint states that Lane was not authorized to make any such transfers. She was arrested on Friday.
Hypothesis: Embezzling is the misappropriation of funds.