Posts tagged: employee theft
A former North Idaho bank manager is accused of stealing $514,000 over a 12-year period.
Mary A. Head is charged with false entries, a federal felony that carries a maximum 30 years in prison.
Head worked at Bank of America, 162 W. Hayden Ave. in Hayden Lake, from 1993 to 2009 and was the assistant branch manager and banking center manager.
In 1997 she was given control of the ATM and charged with balancing the machine on a regular basis. That's when she started taking money from the ATM “and used it for a variety of purposes,” according to the indictment.
In September 2009, Head's control over the ATM changed because the bank installed a new imaging machine. Three months later, she was confronted about discrepancies in the books, records and ATM statements and admitted embezzling more than $500,000, according to the indictment.
Along with the criminal charge, Head is being asked to forfeit the stolen money. She is not in custody.
A smiliar indictment was returned Thursday in U.S. District Court in Spokane.
Melissa K. Garcia is accused of stealing $5,000 from U.S. Bank in Othello in July 2006. She's charged with bank embezzlement, which carries a maximum 30 years in prison.