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Ex bank worker held in Puerto Rico fraud probe

November 12, 2010
Total Loss: $192,000

A former bank employee and four associates have been indicted in an alleged bank-fraud conspiracy targeting a few high-balance accounts, U.S. officials said Wednesday. A federal grand jury has returned a 16-count indictment charging former Doral Bank clerk Bethzaida Sanchez Crespo, her brother and three others with conspiracy to commit fraud and identity theft, said U.S. Attorney Rosa Emilia Rodriguez. Sanchez is also charged with embezzling at least $192,000 from the bank.

Source: Business Week
Posted in: Internal Fraud
Tags: internal