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Elmhurst Man Pleads Guilty To Stealing Files From Federal Reserve Bank

(STMW) -- An Elmhurst man pleaded guilty Wednesday to stealing confidential files from the Federal Reserve Bank of Chicago.

Brian McCarthy, 31, of Elmhurst, pleaded guilty to theft of property from the Federal Reserve Bank of Chicago during a Wednesday arraignment, according to a release from the U.S. Attorney's office.

The former senior credit analyst for the Chicago Federal Reserve Bank's Statistical and Financial Reporting Department stole computer files containing confidential information about the bank's access and monitoring of credit exposure on his last day of work on Oct. 5, 2011, according to the U.S. Attorney's office.

McCarthy admitted trying to avoid detection by going around the bank's security system, the U.S. Attorney's office said.

The plea orders McCarthy to repay the bank $26,400 in restitution for time spent learning how much information he stole.

McCarthy faces maximum sentenced of a year in prison and a $100,000 fine, the U.S. Attorney's office said. U.S. Magistrate Judge Susan Cox will sentence McCarthy Oct. 10.

The plea deal also bans McCarthy from participating in any way at a financial institution insured by the National Credit Union Share Insurance Fund or the Federal Deposit Insurance Corporation without written consent, according to the U.S. Attorney's office.

(Source: Sun-Times Media Wire © Chicago Sun-Times 2013. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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