"Vigil conducted the fraudulent debit transactions in a variety of ways. In some
instances, she would fill out a loan advance slip with her customer’s loan
account information and request a teller to generate a cashier’s check made out
to the customer. Vigil would later forge the customer’s name on the check’s
endorsement line, wait for a period of time and then present the check to a
teller for cash. In other cases, Vigil simply filled out a checking or savings
account withdrawal slip with her customer’s account information and presented
the slip to a teller for cash. Vigil often informed the tellers that the cash
from these transactions would be hand-delivered to her customers under a
“banking made easy” approach to customer service. Vigil also employed a number
of other tactics to conceal her fraud including stealing from customers she knew
did not closely monitor their accounts and conducting transactions for amounts
that resembled monthly loan payments owed by her customers."
Vigil also admitted that she used bank client’s credit information to execute a $179,500 commercial loan application under the fake name Gilbert Posada Arana for her own benefit. As part of her sentencing, Vigil has also been ordered to pay $589,494.74 in restitution.Read the story here and here.
Read the DOJ announcement here.
Hat Tip: Reader Joe.