Former bank president indicted on 18 federal charges

CREATED Jun 18, 2013

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MILWAUKEE - The former president of the Plymouth, Wis. branch of Community Bank and Trust has been indicted on one-and-a-half dozen federal charges of bank fraud.

The U.S. Attorney's office says David Langemak, 41, could face up to 540 years in prison and $18 million in fines if he is convicted on all charges.

The indictment claims that Langemak made up to $250,000 in unauthorized withdrawals from customers' accounts.  He allegedly did it for one unrelated bank customer.