Chapin Woman Sentenced for Bank Fraud

Columbia, South Carolina ---- United States Attorney Beth Drake stated today that Yvonne Sanchez, age 40, of Chapin, was sentenced to fifteen months in jail for committing Bank Fraud, a violation of Title 18, United States Code, § 1344.  Senior United States District Judge Cameron McGowan Currie, of Columbia, also ordered her to pay restitution of $121,461.76 to the victim. 

From July 2014 through June 2016, Sanchez was the bookkeeper for EveryWord, Inc., a court reporting business in the Columbia area.  Sanchez opened fake accounts in the name of EveryWord at All South Federal Credit Union.  As part of her duties, Sanchez was supposed to be depositing checks made payable to EveryWord into the legitimate business account at First Community.  Instead, she diverted the checks into her own accounts for her personal use.  Overall, Sanchez defrauded EveryWord of $121,461.76.

The United States Department of Homeland Security investigated the case.  Assistant United States Attorney Winston David Holliday, Jr., of the Columbia office prosecuted the case.

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