A supervisor at a US financial institution allegedly stole tens of hundreds of {dollars} from clients, initiating greater than 100 unauthorized transactions.
A brand new grand jury indictment accuses Reagan France of constructing 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 fee 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 also be accused of constructing withdrawals by forging withdrawal slips and depositing the stolen funds in her personal account or one in all her members of the family’ accounts.
Prosecutors say the crimes occurred from July 2022 till Could 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 monetary 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 will not be said within the indictment.
Dwelling Financial savings Financial institution has served clients in Kentucky since 1880 and has $27.6 million in property underneath administration.
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