Friday, July 17, 2009

Former Georgia Bank Employee Sentenced For $1.3 Million Embezzlement

Judy Yvette Rosser, 41, of Newman, Georgia, was sentenced to3 years and 5 months in prison for embezzling some $1.3 million from a local Wachovia Bank branch where she had been employed for 22 years. According to prosecutors, Rosser, who was responsible for processing exception transactions, including suspense and expense items, electronically transferred the funds into her personal checking account by creating and processing a complex series of fictitious debits and credits. The thefts occurred over an 8 year period. Rosser had pleaded guilty to a criminal Information, which charged her with embezzlement by a bank employee, this past April.

Read the story here and here.

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