A supervisor at a US financial institution allegedly stole tens of 1000’s of {dollars} from clients, initiating greater than 100 unauthorized transactions.
A brand new grand jury indictment accuses Reagan France of creating illicit withdrawals from financial institution clients whereas working at Dwelling Financial savings Financial institution in Ludlow, Kentucky.
France is accused of stealing the funds utilizing totally different strategies.
She allegedly stopped cost on some escrow refund checks tied to paid-off mortgages at Dwelling Financial savings Financial institution after which issued new checks for decrease quantities, pocketing the distinction.
She can be accused of creating withdrawals by forging withdrawal slips and depositing the stolen funds in her personal account or considered one of her relations’ accounts.
Prosecutors say the crimes occurred from July 2022 till Might 2024. France was employed as a teller on the financial institution in 2015 and have become a supervisor in 2023. She resigned on the finish of 2024.
The grand jury indicted France on 22 counts of economic crimes, together with fraud and embezzlement, associated to 9 particular transactions totaling $2,500 apiece. Eighteen of the counts carry a jail sentence of as much as 30 years, whereas the remaining two counts carry a sentence of as much as two years in jail.
The complete quantity allegedly stolen is just not acknowledged within the indictment.
Dwelling Financial savings Financial institution has served clients in Kentucky since 1880 and has $27.6 million in belongings below administration.
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