Monday, June 22, 2009

Update: Former Virginia Bank Exec Sentenced For Embezzlement

Rebecca Dawn Long, 36, of Jonesville, Virginia, was sentenced Thursday to 41 months in prison for embezzling $487,685 from The Peoples Bank in Ewing, Virginia, where she had been employed. Long plead guilty to five felony counts, in late January, including bank fraud, bank embezzlement, money laundering, making a false statement on a loan document and engaging in a monetary transaction in criminally derived property of a value greater than $10,000. She admitted to setting up a phony line of credit from which she misappropriated the funds.

Read FraudTalk's original posts on this story here and here.

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