Jolene Edwards, Bank Fraud & Embezzlement, Pennsylvania 2015

Jolene Edwards, 38, Charged in Lock Haven Bank Fraud Scheme

Lock Haven, PA - In a shocking case of bank fraud, Jolene Edwards, a 38-year-old resident of Lock Haven, has been indicted on charges of bank fraud, embezzlement by a bank employee, and interstate transportation of stolen property.

According to the indictment, Edwards, who worked as a customer service representative and assistant branch manager at Jersey Shore State Bank (JSSB), embezzled and fraudulently converted $52,222 in funds from a customer's certificate of deposit account. Instead of transferring the funds to a new certificate of deposit account at M&T Bank, Edwards used the funds to pay her credit card bills, repay personal loans, and to make purchases for family members.

The scheme to embezzel and fraudulently convert the customer's funds started in June 2012 and continued through March 2015.

The matter was investigated by the Federal Bureau of Investigation. Assistant U.S. Attorney George J. Rocktashel is prosecuting the case.

Edwards is presumed innocent until found guilty in court. The maximum penalty under federal law is 30 years of imprisonment, a term of supervised release following imprisonment, and a fine.

A sentence following a finding of guilt is imposed by the Judge after consideration of the applicable federal sentencing statutes and the Federal Sentencing Guidelines.

Source: https://www.justice.gov/usao-mdpa/pr/lock-haven-woman-indicted-embezzling-customer-certificate-deposit