Albert Lea, MN Local News

Former banker facing fraud charges for unauthorized withdrawls at Fairbault County bank

WELLS – A former banker is accused of stealing over $74,000 from five customers at a Fairbault County bank. Michael Donald Anderson, 44, of Wells, was charged with felony counts of theft, identity theft and check forgery Tuesday in Faribault County District Court. The charges were filed after a customer at CCFBank in Wells reported an unauthorized withdrawal in 2019, according to a court complaint. That led the bank to hire an independent investigator who allegedly found Anderson had made 17 more fraudulent withdrawals in 2018.
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