Former Bank VP Expected to Enter Plea in Theft Case

A former vice president of a bank branch is scheduled to appear in court to offer a plea with regard to his role in stealing millions of dollars from the bank he worked for back in 2005. The former branch VP reportedly defrauded the bank by writing a cashier's check for over $13 million from an account which had less than $10 million in it. The man is trying to plead guilty to this single charge though other counts of fraud by the man against the bank have also been unearthed.

The account from which the man withdrew the funds belonged to a property developer. The branch VP performed closings on a number of property deals with this particular property developer and may have stolen large sums from the bank through this one account.

A project in Colombia that the property developer was involved with is also claiming that the branch VP illegally diverted funds from their accounts. The branch vice president from the popular bank could face years in prison and monetary fines for felony theft say several news sources.

A theft conviction can lead to jail time, fines and more, which is why people who have been charged with this criminal offense should take the time to speak with a Raleigh criminal defense lawyer from our law office immediately. Don't wait to contact the Hopper Law Firm to have your theft case reviewed by our team of attorneys.