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Crime, Fraud, Waste, and Abuse
Date Published
January 27, 2026
News Type
Press Release
Link to Original
USAO, Northern District of Indiana

SOUTH BEND –  Kerry T. Hancock, 34 years old, of South Bend, Indiana, was sentenced by United States District Court Judge Damon R. Leichty after pleading guilty to embezzlement by a bank employee, announced United States Attorney Adam L. Mildred.

Hancock was sentenced to 2 months imprisonment followed by 8 months of supervised release with the first 3 months served on home detention and ordered to pay $115,864.84 in restitution.

According to documents in the case, Hancock worked as a bank teller in Mishawaka when he forged the signature of a bank account holder to withdraw $185,864,84 in cash from a rarely used bank account. He then stashed the stolen bundles of cash in his house.

This case was investigated by the United States Department of Housing and Urban Development Office of Inspector General, the Federal Bureau of Investigation, and the Federal Deposit Insurance Corporation Office of Inspector General, with assistance from the Mishawaka Police Department.  The case was prosecuted by Assistant United States Attorney Luke N. Reilander.