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Former Southbank Employee Indicted for Bank Fraud

October 2, 2009
Total Loss: $533,000
A federal grand jury today indicted a Huntsville woman for bank fraud on charges she stole more than $500,000 from ATM machines and a bank vault at the Huntsville bank where she worked, U.S. Attorney Joyce White Vance announced. The indictment charges that KELESTE SHERRILL, 48, of Huntsville, was a Southbank employee who took money from the bank's ATM machines and vault over five years, from about January 2004 to August 2009. The indictment claims Sherrill used the ATM ledgers and avoided bank surveillance cameras as part of her scheme. She defrauded the bank, which is insured by the Federal Deposit Insurance Corporation, of about $533,000, according to the indictment.
Source: FBI
Posted in: Internal Fraud
Tags: internalover 500k