Former Arkansas Bank Exec Accused Of Embezzling $278K

Kelly Harbert, 44, of Little Rock, Arkansas, has been accused of misappropriating $277,800 from One Bank & Trust of Little Rock where she had been employed as a senior vice president and commercial loan officer. Harbert has been sued by the bank to recover monies in a scheme that involved Harbert allegedly creating fraudulent loans in the names of bank customers, obtaining cashier's checks and depositing them into her own accounts. When confronted about the phony loans, Harbert reportedly admitted to the scheme and claimed she was "under severe financial difficulties." Harbert began working for the bank in 2001. She has not yet been charged criminally.

Read the story here and here.

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