Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Sheldon woman guilty of bank fraud

February 15, 2011
Total Loss: $150,000

Angela Feeley, 35, of Sheldon pleaded guilty Monday in U.S. District Court in Burlington to a charge of bank fraud. Judge William Sessions released her on conditions. She will be sentenced July 11. Between 2005 and 2010, Feeley forged bank loans from CitiFinancial, where she worked, to members of her family and to friends, knowing "that each loan application contained false and fraudulent information, and that the borrower's signature or initials on loan documents had been forged by Feeley," the U.S. attorney said.

Source: Burlington Free Press
Posted in: Internal Fraud