News and Press Releases

Former Bank Fraud Prevention Manager Sentenced for Embezzlement

FOR IMMEDIATE RELEASE
January 31, 2012

BIRMINGHAM – A federal judge Monday sentenced a Hoover woman to one month in prison for embezzling from the bank where she worked as fraud prevention manager and ordered the woman to repay the bank $50,378, announced U.S. Attorney Joyce White Vance and U.S. Secret Service Special Agent in Charge Roy Sexton.

U.S. District Judge Virginia Emerson Hopkins sentenced REGINA STEWART, 49, to the one month in custody, plus five months home detention, for embezzling from Nexity Bank, now known as AloStar Bank of Commerce, in Jefferson County. Stewart pleaded guilty in March 2011 to two counts of embezzlement by a bank employee and agreed to forfeit $45,745 to the government as proceeds of illegal activity.

According to court records, Stewart embezzled the money by fraudulently redeeming certificates of deposit held by two clients of the bank.

The Secret Service investigated the case. Assistant U.S. Attorney Davis A. Barlow prosecuted the case.

###

 

 

 

 

Return to Top

Project Safe Childhood

Help us combat the proliferation of sexual exploitation crimes against children.

Prisoner Re-entry

 

If you believe your organization has expertise or resources that could improve outcomes for ex-offenders re-entering society, please e-mail our Community Outreach Coordinator at Jeremy.Sherer@usdoj.gov
or call 205-244-2019.