U.S. Department of Justice
Peter F. Neronha
United States Attorney
District of Rhode Island
July 6, 2011
R.I. BANK MANAGER TO PLEAD GUILTY TO EMBEZZLING MORE THAN $140,000
PROVIDENCE, R.I. – United States Attorney Peter F. Neronha announced Wednesday that a Citizens Bank branch manager has agreed to plead guilty to a federal charge of bank fraud for allegedly embezzling more than $140,000 in bank funds. Janeth Blandon, 33, of Lincoln, R.I., was charged by way of an Information filed Friday in U.S. District Court in Providence.
According to the Information and Plea Agreement on file with the Court, it is alleged that Blandon, an employee of the bank for more than six years, embezzled $140,779.35 while working at two bank branch offices in Providence. She faces a maximum sentence of 30 years in federal prison; a fine of up to $1,000,000; and 3 years supervised release upon her release from prison.
An arraignment date has not yet been scheduled.
The matter, investigated by the Federal Bureau of Investigation, is being prosecuted by Assistant U.S. Attorney William J. Ferland.
An Information is merely an allegation 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.