LEXINGTON, Mass. - A former employee of a bank bought by Lexington Savings Bank in 1993 has pleaded guilty to embezzling $265,000 from the bank over a four-year period in the late 1980s.

Catherine J. Foley admitted embezzling the money and falsifying the books of Suburban National Bank from March 1986 through July 1990, while she was branch manager in Woburn, Mass.

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