A Spencerville woman pleaded guilty in federal court to all eight counts of an indictment accusing her of bank fraud.
In June, a federal jury in South Bend indicted Kandi Biggins on the charges, accusing her of taking tens of thousands of dollars from the Tower Bank branch where she worked in an effort to keep her family in their foreclosed home.
The indictment came shortly after the bank filed a civil lawsuit against Biggins and her husband, accusing them of the same actions.
She pleaded guilty in a hearing before a federal magistrate in South Bend this month.
Biggins admitted in court documents to using false statements and false pretenses to obtaining cashiers’ checks from the bank – eight in all totaling nearly $180,000.
Under the terms of the plea agreement, Biggins agrees to repay the total amount of her fraud to the bank as restitution, as well as to forfeit the home in the 11300 block of Schlatter Road.
No specific prison sentence was spelled out in court documents, but the offense to which Biggins pleaded has a maximum penalty of 30 years on each count, according to court documents.
She is scheduled for sentencing in October, according to court documents.
Her husband has not been charged with any crime.