Roxana Foley, 51, of Bridgeport.
BRIDGEPORT BANK MANAGER PLEADS TO EMBEZZLEMENT (Press Release – U.S. Department of Justice, Eastern District of California)
SACRAMENTO, Calif. — On October 9, 2013, Roxanna Foley, 52, of Bridgeport, pleaded guilty to one count of embezzlement by a bank employee, United States Attorney Benjamin B. Wagner announced.
According to court documents, Foley worked at Eastern Sierra Community Bank (ECSB). Starting in November 2011, bank officials noticed discrepancies with the Bridgeport branch of ESCB. On March 19, 2012, managers from the bank made an unannounced visit to that branch to investigate a suspicious $90,000 transaction. After a review of the bank’s records, officials identified $90,000 in misplaced funds, as well as $6,000 missing from Foley’s teller drawer.
During the surprise inspection, Foley admitted to taking $6,000 from her cash drawer, as well as an additional $312,000 from the bank. A later review of the Bishop ECSB’s accounts uncovered $322,000 in missing funds, as well as multiple electronic “covering transactions” – that is, transactions moving money between accounts – made by Foley. Officials also learned that Foley had also been circumventing normal banking procedures at ECSB, including single-handedly taking over all counting and auditing of ECSB accounts when dual-counting procedures were required.
This case is the product of an investigation by the Mono County Sheriff’s Department, the Mono County District Attorney’s Office, and the Federal Bureau of Investigation. Assistant United States Attorney Kyle Reardon is prosecuting the case.
Foley is scheduled to be sentenced by Unites States District Judge Kimberly J. Mueller on January 29, 2104, at 9:00 a.m. She faces a maximum sentence of 30 years in prison, a $1 million fine, and a five-year term of supervised release. The actual sentence, however, will be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables.
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Jack Colby doesn’t have to worry bout no 30 yrs. 🙂
Truth In Sentencing laws require 85% time served when it comes to Federal sentences. Of course she will get a minimal sentence since she took the plea deal.
A 30 year sentence means that half the sentence is spent in prison and the remaining half on parole, assuming good conduct for the entire time of her confinement. Bad conduct will add time to her confinement.
I think you are wrong about her sentence. She is in Federal Court which has different sentencing and time served rules that State Courts. Bank crimes are usually handled under Federal laws. In the Federal prison system you must do 85% of your time in prison. That could have charged but I am fairly certain that is the rule on Federal prison sentences. Club Fed time.
I am referring specifically to Federal sentencing guidelines.
Thirty years. Wow, I”ll feel safer with her off the streets.
Another brilliant contribution from Trouble. Great post Trouble!
Sean- I was only joking, I hope you can deal with that.