Saturday, June 27, 2009

Maryland Woman Sentenced For Embezzling $150+K From Bank

Donna L. Gatewood, 43, of Baltimore, Maryland, was sentenced earlier this month to 15 months in prison for embezzling more than $150,000 from an unnamed bank she had been employed by as an accounting clerk . Gatewood was also ordered to pay $154,521.74 in restitution. According to prosecutors, "In or before March of 2006, Gatewood discovered that it was possible for her to make deposits into her own personal checking account at the bank from the suspense accounts. Gatewood began taking monies from the bank’s suspense accounts by transferring funds from those accounts into her checking account, using different teller computers, after the tellers had already logged into the system. Gatewood used the funds to pay for personal items and expenses." Independent research by Marquet International reveals that Gatewood was employed by the Fairmont Federal Savings Bank in Baltimore.

Read the story here.

Read the DOJ announcement here.

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