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Press Release

Ranger American Security Employee Found Guilty of Stealing $70,000 from Banco Popular ATM

For Immediate Release
U.S. Attorney's Office, District of Virgin Islands

St. Thomas, USVI – Clement Bougouneau, 52, of St. Thomas, was found guilty of bank burglary and larceny after a two-day jury trial in District Court, United States Attorney Gretchen C.F. Shappert announced.  

According to trial testimony, on September 4, 2017, shortly before Hurricane Irma made landfall, Bougouneau used his access and inside knowledge as a twelve-year Ranger American employee to steal $70,000 from the St. John Banco Popular de Puerto Rico ATM. Video tapes presented in the courtroom showed live footage of a person, identified as Bougouneau, removing cash from the ATM machine on September 4th.  Another video showed Bougouneau’s subsequent interview with law enforcement, where he provided several different explanations of the events surrounding the September 4th heist.

As a result of his conviction, Bougouneau faces up to 20 years’ imprisonment. Sentencing is set for November 21, 2019.

This case was investigated by the Virgin Islands Police Department and the Federal Bureau of Investigation, and was prosecuted by Assistant United States Attorney Meredith J. Edwards.


Updated July 17, 2019