Sentenced to Prison for Over 5 Years
An ex-bank manager from Springboro, OH was recently sentenced to 5 1/2 years in federal prison for embezzling $5.2 million from a local bank branch.
Using smaller cashier’s check and cash out tickets to embezzle the money, she avoided detection for several years. The money was used for gambling at an Indiana casino and to purchase cars, RV’s and other property.
During the course of the investigation, it was determined that she had a gambling and alcohol addiction. She has been ordered to pay the bank’s insurance company $5 million in restitution.
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