Warrior Bank Employee Indicted for Embezzlement
BIRMINGHAM – A federal grand jury today indicted a Hayden woman for embezzling from the Warrior bank where she worked, announced U.S. Attorney Joyce White Vance and U.S. Secret Service Special Agent in Charge Roy Sexton.
The one-count indictment filed in U.S. District Court charges FRANCES DUCKWORTH, 51, with embezzling from Superior Bank and its successors between November 2009 and August 2012. Duckworth worked as head teller at the Warrior bank branch during that time. The bank is now Cadence Bank.
The indictment seeks to have Duckworth forfeit $202,994 as proceeds of illegal activity.
The embezzlement charge carries a maximum penalty of 30 years in prison and a $1 million fine.
The Secret Service investigated the case, which Assistant U.S. Attorney Henry Cornelius is prosecuting.
An indictment is merely an allegation and the defendant is presumed innocent until proven guilty beyond a reasonable doubt.
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