Judge Sentences Former Osceola Bank Executive for $1.4 Million Fraud

SPRINGFIELD, Mo. (KY3) – A judge has convicted an Osceola, Missouri woman in federal court of fraud in which she stole more than $1.4 million from the bank where she was employed for more than 20 years.

U.S. District Judge Brian C. Wimes sentenced Stacia Wilson, 60, to three years and 10 months in federal prison without the possibility of parole. The court also ordered Wilson to pay $1,435,491.05 in restitution to the victim.

On May 9, 2024, Wilson pleaded guilty to one count of bank fraud. Wilson admitted that while she was employed as a vice president of St. Clair County State Bank in Osceola, she defrauded the bank by creating false and fictitious loans using stolen identities of bank customers. She deposited the loan funds into her personal bank accounts for her own benefit.

Wilson’s fraud, which spanned more than 20 years from 2000 to December 2022, resulted in numerous fraudulent loans and a loss to the bank of $1,528,321.

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