Former Houston Banker Heads To Prison For Bank Fraud
For Immediate Release
U.S. Attorney's Office, Southern District of Texas
HOUSTON - Quinhun Rollins, 42, of Houston, has been ordered to federal prison following her conviction of bank fraud. She pleaded guilty on Oct. 27, 2014, announced U.S. Attorney Kenneth Magidson.
Today, U.S. District Judge Kenneth Hoyt ordered Rollins to serve was 33 months in prison to be immediately followed by five years of supervised release. She was further ordered to pay restitution in the amount of $462,266.77.
Rollins had worked as an account manager and assistant vice president at Green Bank in Houston. At the time of her plea, she admitted that between January 2012 and February 2014, she fraudulently caused unauthorized payments totaling $517,479.01 from Green Bank to vendors of Green Bank to be deposited into her personal bank account at another bank in Houston.
At the hearing today, the chief financial officer for Green Bank made a victim impact statement to the court, explaining that Rollins had been a trusted bank employee whom he supervised. He told the court that Rollins betrayed the trust of those she worked for and those who worked for her at Green Bank. He further noted that Rollins gave gifts to fellow employees who now know those items and parties thrown at her house were funded with stolen money. “Many of Ms. Rollins’s colleagues who worked for her would have had to work for over 10 years to make the amount of money that Ms. Rollins stole from Green Bank," he said. He provided a final note to the court, saying "this crime hurt deeply.”
Rollins was permitted to remain on bond and voluntarily surrender to a U.S Bureau of Prisons facility to be determined in the near future.
The case was investigated by the Secret Service and prosecuted by Assistant U.S. Attorney John Braddock.
Updated April 30, 2015