Roxanna Foley, former ESCB manager in Bridgeport.

Roxanna Foley, former ESCB manager in Bridgeport.

OFFICIAL PRESS RELEASE           (From Mono County District Attorney’s Office – below is a release from US Attorney)

On April 23, 2013, Roxanna Foley, of Bridgeport, was rearrested by Federal Agents after an Indictment was handed down in Federal Court on April 19, 2013.  With the assistant of the Mono County District Attorney’s Office and local law enforcement,  Ms Foley was taken back into custody. 

Ms. Foley served as the Branch Manager for the Bridgeport Branch of the Eastern Sierra Community Bank, a subsidiary of Oak Valley Community Bank.  After conducting a joint investigation between Bank Administrators, Mono County District Attorney, Mono County Sheriff’s Department and agents from the Federal Bureau of Investigations.  Ms. Foley was arrested on April 5, 2012.   

In March 2012, Bank Administrators for Oak Valley Community Bank performed a surprise audit in an attempt to account for a large discrepancy in the Branch’s general ledger.  After an extensive accounting was performed along with further investigation it was uncovered that Ms. Foley had allegedly embezzled approximately $320,000.00. 

The Mono County District Attorney’s Office held a felony complaint against Ms. Foley alleging the embezzlement and has subsequently turned the case over to the US Attorney’s Office based on their jurisdiction and request.


(Press Release from U.S. Attorney’s Office Eastern District)

SACRAMENTO, Calif. — Roxanna Foley, 52, of Bridgeport, was arraigned today in federal court in Sacramento, United States Attorney Benjamin B. Wagner announced.

On April 18, 2013, a federal grand jury returned an indictment, charging her with theft and embezzlement by a bank employee. According to the indictment and statements made in court, between October 2011 and March 20, 2012, Foley embezzled approximately $320,000 from the Eastern Sierra Community Bank where she was employed as a manager.

Foley was released today on a $50,000 bond. She is scheduled to appear before United States District Judge Kimberly J. Mueller on May 29, 2013 for a status conference.

If convicted, Foley faces a maximum statutory penalty of 30 years in prison, a $1 million fine, and a five-year term of supervised release. Any sentence, however, would 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. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.

This case is the product of an investigation by the Federal Bureau of Investigation and the Mono County Sheriff’s Department. Assistant United States Attorney Kyle Reardon is prosecuting the case.

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