Monday, March 9, 2015

Former Texas Banker Sentened In $462K Embezzlement Scheme

From The Associated Press on 3/3/2015:

A former Houston banker must serve nearly two years in prison for stealing more than $462,000 and using some funds to buy gifts for co-workers.

Quinhun Rollins was sentenced Monday in Houston. The 42-year-old woman in October pleaded guilty to bank fraud.

Rollins must serve 33 months behind bars and repay the money stolen since 2012 from a Green Bank in Houston.

Investigators say Rollins funneled unauthorized bank payments, disguised as funds meant for vendors, to her personal account at another bank.

Authorities say Rollins used the stolen money to provide gifts to fellow employees, who were not aware of the scam, and also to fund parties at her house.

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