Thursday, November 20, 2008

Former Texas Banker Sentenced To Prison For Stealing From 2 Banks

Leslie Woodside Dial, 46, of Sinton, Texas, was sentenced to 33 months in prison for embezzling from 2 separate South Texas banks she worked for. Dial, formerly a Senior Vice President for both the Commercial State Bank of Sinton, Texas and State Bank and Trust in Beeville, Texas, pleaded guilty to two counts of "embezzlement by a bank officer" and money laundering in August. A total of $287,045 was embezzled from the two banks; $180,873 from State Bank and Trust and $106,172 from Commercial State Bank. According to investigators, audits at both banks revealed the theft which dated as far back as 1997. Dial made unauthorized deposits of funds to her own accounts and attempted to cover up the transfers by altering internal accounts. According to the prosecutors report, “External auditors were brought in and identified a total of 536 unauthorized deposits made into nine separate accounts held by Dial and members of her immediate family. These deposits were posted on 228 separate dates between November 1997 and February 2005. "

Read the story here and here.

See the FBI announcement here.

No comments: