Madison Man Sentenced to 6 Months in Prison for Embezzlement by a Bank Officer
For Immediate Release
U.S. Attorney's Office, Southern District of Mississippi
Jackson, Miss. – A Madison man was sentenced to 6 months in prison for embezzlement by a bank officer, announced U.S. Attorney Darren LaMarca and Special Agent in Charge Jermicha Fomby of the Federal Bureau of Investigation in Mississippi.
According to court documents, Thomas King Robb, Jr., 37, used his position as a loan officer at a bank to approve fraudulent loans, and used the proceeds from those loans for his own benefit. Robb created false documents using his knowledge and experience as a loan officer and created fraudulent loans in the names of other people. Robb then used the money from those loans to pay off previous loans and to keep his personal business afloat.
In addition to his prison sentence, Robb will be required to pay restitution as well as a monetary forfeiture.
The case was investigated by the Federal Bureau of Investigation.
Assistant U.S. Attorneys David H. Fulcher and Charles W. Kirkham prosecuted the case.
Updated February 8, 2022