A Kane County grand jury has indicted a St. Charles woman on six felony counts of financial exploitation of the elderly, forgery and felony theft, according to court records.
Lynn A. Pranga, 56, of the 200 block of Fairhaven Drive, a former branch manager of MB Financial Bank, 2607 Lincoln Highway, St. Charles, was released on $3,000 bond after she first was charged last year.
According to the March 19 indictment, Pranga is charged with two counts of financial exploitation of an elderly person over age 70 by obtaining control over more than $15,000 in one count and more than $5,000 but less than $100,000 in the other count; three counts of theft of more than $10,000 but less than $100,000; and one count of forgery of a cashier’s check for $3,500 in the victim’s name, dated July 24, 2009, payable to MetLife, with the intent to defraud the victim.
The felonies carry penalties of two to five years in prison, three to seven years in prison and four to 15 years in prison, with fines of up to $25,000 each. Pranga’s next court date is Thursday.
The indictment stems from charges filed in July after St. Charles police met with MB Financial Bank representatives who reported that a customer, who was older than 60, claimed his five-year CD was changed to a one-year CD and had less money in it.
The victim was told he had made several withdrawals on the account, but he denied making any withdrawals, according to police.
Bank officials and the police investigated the man’s claim. Over six months, they found several withdrawals and deposits were made on the victim’s account from the original five-year CD account and the man’s other two accounts at the bank, police said. These allegedly occurred between June 2009 and June 2011.
Through investigation, police said they determined the withdrawals and deposits had been made by Pranga, and she had control and responsibility over the accounts as part of her professional duties. At the time Pranga was charged in July, police said more than $20,000 was still unaccounted for between the three accounts.