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You are here: Home / Crime / Courts / Cedar Rapids women given prison time for bank fraud

Cedar Rapids women given prison time for bank fraud

August 30, 2011 By Matt Kelley

A Cedar Rapids woman who defrauded her employer was sentenced Monday to more than four years in federal prison. Thirty-three-year-old Sarah Ann Godsey worked for a Japanese technology company located in Cedar Rapids.

Investigators said between October 2005 and January 2007, she forged company checks and made electronic bank transfers for her own benefit. Godsey created over $113,000 in loss to her former employer.

As part of a plea agreement, Godsey pleaded guilty in March to one count of bank fraud, one count of access device fraud and one count of aggravated identity theft.

She was sentenced Monday to four years and five months in federal prison and must also pay $120,000 in restitution. Godsey could’ve been sentenced to up to 47 years in prison.

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