Criminal Justice News

Sunday, August 19, 2012

Former Bank Employee Sentenced for Bank Fraud

JACKSON, MS—Jennifer White, 28, of Forest, Mississippi, was sentenced today in U.S. District Court to serve three months in prison, followed by five months of home confinement and five years of supervised release, for committing bank fraud, U.S. Attorney Gregory K. Davis and FBI Special Agent in Charge Daniel McMullen announced. White was also ordered to pay $43,081.23 in restitution to Community Bank of Mississippi.

White worked in the Brandon Operations Center of Community Bank. In August 2010, she began accessing the insufficient funds account of Community Bank through her bank employee computer. She transferred funds from the insufficient funds account into her personal bank account and concealed her fraud by including false descriptions with each transaction to make them appear to have been made by other bank employees. She further concealed her fraud by only transferring amounts divisible by $29, the amount of a single insufficient funds charge. During a one-year period, she stole over $43,000 from Community Bank.

This case was investigated by the FBI and prosecuted by Assistant U.S. Attorney Mike Hurst.

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