Thursday, April 25, 2013

Former Bank Manager In California Indicted For Allegedly Embezzling $320K

From the San Jose Mercury News on 4/24/13:

Former bank manager facing prison for embezzlement

SACRAMENTO, Calif.—Federal prosecutors say a former manager of a rural Northern California bank is facing up to 30 years in prison for allegedly embezzling hundreds of thousands of dollars.

A spokeswoman for the U.S. attorney's office in Sacramento says 52-year-old Roxanna Foley is free on a $50,000 bond after a federal grand jury returned an indictment charging her with theft and embezzlement. Prosecutors say between October 2011 and March 2012 Foley embezzled about $320,000 from the Eastern Sierra Community Bank in Bridgeport, where she was employed as a manager. U.S. attorney's spokeswoman Lauren Horwood said Wednesday that Foley is scheduled to appear in court on May 29 for a status conference. It was not known if Foley had retained an attorney. Bridgeport is a community of several hundred people in remote Mono County, about 120 miles south of Reno, Nev., or about 350 miles north of Los Angeles.

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