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Justice News

Department of Justice
U.S. Attorney’s Office
Western District of Texas

FOR IMMEDIATE RELEASE
Thursday, April 25, 2019

Llano Woman Sentenced to Three Years in Federal Prison for Stealing Over $900,000 from Local Bank

In San Antonio, 45-year-old Kelley Ranae Jones was sentenced to three years in federal prison for stealing over $900,000 from her employer, the Arrowhead Bank in Llano, TX, announced U.S. Attorney John F. Bash and FBI Special Agent in Charge Christopher Combs.

Yesterday afternoon, U.S. District Judge Xavier Rodriguez sentenced Jones to the prison term followed by five years of supervised release and ordered that she pay $905,372.49 in restitution to the bank.

On January 28, 2019, Jones pleaded guilty to one count of embezzlement by a bank employee.  By pleading guilty, she admitted that while employed at the bank from 2011 to 2018, she stole the money by manipulating entries in Arrowhead bank records.

FBI agents conducted this investigation.  Assistant U.S. Attorney Sean B. O’Connell prosecuted this case on behalf of the Government. 

Topic(s): 
Financial Fraud
Component(s): 
Updated April 25, 2019