Christine Fletcher, Bank Fraud, Tax Evasion, Oklahoma 2023

A Bixby, Oklahoma woman has admitted to committing bank fraud when she embezzled nearly $2.2 million from her employer over a period of nine years.

Christine Fletcher pleaded guilty in federal court on Tuesday, May 2, 2023, for committing bank fraud and tax evasion, announced U.S. Attorney Clint Johnson.

According to court documents, Fletcher worked for a company and various other entities owned by her employer for approximately 38 years. She was entrusted to manage her employer’s various Bank of Oklahoma Financial (BOKF) and Trust Company of Oklahoma bank accounts.

Fletcher admitted that from December 2012 to approximately May 2021, she embezzled funds for her own personal gain from her employer in the approximate amount of $2,188,870.

To avoid being detected, she routinely made unauthorized transfers between and among various BOKF and Trust Company of Oklahoma accounts before misappropriating the funds for her own personal use. One of the many ways she fraudulently moved money included making unauthorized transfers from some accounts into a specific individual’s account.

Fletcher also admitted to failing to report income she had obtained illegally in the amount of $289,810, thus failing to pay over $62,067 in taxes to the United States Treasury in 2020.

As part of her plea agreement, Fletcher will pay at least $2,188,870 in restitution to her former employer and $62,067 to the IRS for unpaid taxes in 2020. A federal judge will sentence Fletcher and determine the final restitution amounts at a later date.

The U.S. Secret Service conducted the investigation. Assistant U.S. Attorneys David D. Whipple and Thomas E. Buscemi are prosecuting the case.

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