Monday, December 12, 2011

Former Ohio Bank Officer Sentenced For Embezzling $518K

Lisa K. Coon, 52, of Ashville, Ohio, has been sentenced to 2 years in prison for embezzling at least $518,535 from The Citizens Bank of Ashville where she had been employed as a vice president.  According to authorities, over a period of about 6 years, from 2005 and early 2011, Coon executed at least 180 fraudulent transactions including issuing checks and making electronic transfers from customer bank accounts for her own benefit.  Coon also allegedly sent falsified bank statements to depositors to cover up the misappropriations from bank customers.  According to Coon's attorney, Joseph Scott, Coon suffered from a shopping addiction and “was buying things she really didn’t need.”  According to media reports, Coon was a "pillar of the community" involved in a variety of charities and philanthropic activities locally.

Read the story here, here and here.

1 comment:

Cheryl Meril said...

Imagine what our politicians, i.e., Pelosi, etc. do that they get away with our tax payer money?