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Bank Employee Sent To Prison In Fraud Case

January 4, 2011
Total Loss: $300,000

A Honolulu federal judge Monday sentenced a former American Savings Bank employee to four months in prison in a fraud case involving hundreds of thousands of dollars from a customer's account. Marilyn DeMotta was convicted of diverting $300,000 from the account of Ada P.S. Lim, 91, in 2007. The money was diverted to new accounts to make it look like the bank was bringing in more customers, officials said.

Source: KITV
Posted in: Internal Fraud