Wednesday, October 29, 2008

Virginia Banker Charged With Embezzlement

Rebecca Dawn Lawn, 35 of Jonesville, Virginia, was indicted today on federal charges of embezzlement. Lawn is specifically accused of bank fraud, bank embezzlement, money laundering and making a false statement on a loan document in the theft of nearly half a million dollars from the bank where she worked. She faces up to 120 years in prison and a $3 million fine if convicted. According to the indictment, Lawn obtained the funds from The People's Bank, where she was an employee, by establishing a credit line under a fictitious identity.

See the press release here.

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