Wednesday, November 16, 2011

Texas Woman Pleads Guilty To Embezzling At Least $100K From Bank

Lori Smith Pickens, 39, of Grand Saline, Texas, has pleaded guilty to charges she embezzled more than $102,000 from customer accounts at the local Austin Bank branch where she had been employed as a teller.  Pickens reportedly worked at the bank from May 2008 to July 2010.  Authorities allege that Pickens made unauthorized cash withdrawals from numerous accounts, but the exact amount misappropriated has not yet been determined. 


Read the story here.

Update (4/12/12): Pickens, now 40, has been sentenced to one year and a day in prison.  She has also been ordered to make full restitution.

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