U.S. District Judge John Daniel Pinder accepted former Switzerland County School Corporation treasurer Ann Geyman’s guilty plea.
The plea was entered last Friday in District Court in Indianapolis.
Ann Geyman is scheduled to be sentenced in that same district court on Friday, March 7th. She was present at Friday’s hearing.
As part of the plea agreement, the federal prosecutor agreed to not seek a sentence of any more than 57 months in federal prison. In the federal prison system, at least 85 percent of a sentence must be served.
That means that she should spend just over four years in prison, if she receives the full 57 months.
Ann Geyman, 54, for the first time on Friday was criminally charged with embezzling more than $1.1 million from the Switzerland County School Corporation.
She pleaded guilty in late November to mail fraud involving the theft of $24,489 from the Madison Regatta during one of the years she was the treasurer of that organization; and $76,000 from the J.D. Byrider car dealership in Madison while she worked there as an accountant.
In an earlier agreement, Ann Geyman agreed to turn over personal property to the Switzerland County School Corporation. That personal property will be auctioned off on Saturday, February 9th, at the National Guard Armory in Madison; with the proceeds of the sale being applied to the debt that she owes the schools.