According to a news release, she defrauded institutions of more than $550,000 by creating fraudulent lines of unsecured credit at her own and other banks and used the money for herself. She used the names of parents and bank customers and their identification numbers without permission to facilitate the scheme, the news release said.
Here's the full release.
She'd previously been sued by the bank for recovery of stolen money. Earlier news accounts quoted her as saying she'd been under financial pressure.