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Woman Pleads Guilty In Multimillion-Dollar Fraud That Closed Bank

June 7, 2011
Total Loss: $2.5 Million

A Coraopolis woman pleaded guilty Monday to taking part in a theft of almost $2.5 million that federal prosecutors say forced Pittsburgh's only minority-owned bank into insolvency.

Elexa Manos-Becton, 43, pleaded guilty to bank fraud and money laundering. She will be sentenced Sept. 29 by U.S. District Judge Alan Bloch.

Source: WTAE.com
Posted in: ACH and Wire Fraud Money Laundering
Tags: ACH fraudbank fraudmoney launderingAML