Woman from Lock Haven allegedly embezzled from bank
A Lock Haven woman has been charged by the U.S. Attorney Bruce D. Brandler with allegedly embezzling more than $52,000 while she worked as a customer service representative and assistant branch manager at Jersey Shore State Bank.
Jolene M. Edwards, 38, allegedly embezzled and fraudulently converted $52,222 in funds from a customer’s certificate of deposit account, according to a criminal charge in U.S. Middle District Court.
Instead of transferring the funds to a new certificate of deposit account at M&T Bank, Edwards allegedly used the funds to pay her credit card bills, repay personal loans and make purchases for family members, Brandler said.
The scheme to embezzle and fraudulently convert the customer’s funds started in June 2012 and continued through March 2015, Brandler said.
The government also filed a plea agreement, which is subject to the approval of the court judge.
The matter was investigated by the Federal Bureau of Investigation. Assistant U.S. Attorney George J. Rocktashel is prosecuting the case.
The maximum penalty under federal law is 10 years of imprisonment, a term of supervised release following imprisonment and a fine.
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