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Former Lone Star National Bank Vice President Convicted of Bank Fraud

December 17, 2009
Total Loss: $600,000
A former vice president and senior loan officer of Lone Star National Bank has been convicted of bank fraud, U.S. Attorney Tim Johnson announced today. Emma Vigil, 48, of McAllen, pleaded guilty to two counts of bank fraud this afternoon before U.S. District Judge Randy Crane. At today's hearing, Vigil admitted to using her position at Lone Star to conduct hundreds of thousands of dollars in fraudulent and unauthorized debit transactions from her loan clients' bank accounts over a two-year-period beginning in 2007.
Source: FBI
Posted in: Internal Fraud
Tags: internalover 500k