Allison G. Lowther, age 43, of Kent, Ohio, was charged with one count of bank embezzlement.
Mike Tobin, Public Affairs Specialist, (216) 622-3651
A federal grand jury returned a one-count indictment charging the crime of bank embezzlement against Allison G. Lowther, age 43, of Kent, Ohio, Steven M. Dettelbach, United States Attorney for the Northern District of Ohio, announced today.
The indictment alleges that from on or about June 10, 2011 to on or about November 25, 2011, Allison G. Lowther, while working as the branch manager at Charter One Bank in Stow, Ohio, embezzled $55,624 from said bank.
If convicted, Lowther’s sentence will be determined by the Court after review of factors unique to this case, including the defendant’s prior criminal record, if any, the defendant’s role in the offense and the characteristics of the violation. In all cases, the sentence will not exceed the statutory maximum and in most cases it will be less than the maximum.
The case is being prosecuted by Assistant U.S. Attorney Chelsea S. Rice, following investigation by the United States Secret Service.
An indictment is only a charge and is not evidence of guilt. A defendant is entitled to a fair trial in which it will be the government's burden to prove guilt beyond a reasonable doubt.