Lisa Lynette Barber, Bank Fraud, Texas 2014
LUBBOCK, Texas — A former Branch Manager at BBVA Compass Bank in Big Spring, Texas, was sentenced to 41 months in federal prison on a bank fraud conviction.
Lisa Lynette Barber, 49, of Amarillo, Texas, was sentenced to 41 months in federal prison and ordered to pay $1,095,540 in restitution.
Barber pleaded guilty in July 2014 to one count of bank fraud. Judge Cummings ordered that she surrender to the Bureau of Prisons on December 19, 2014.
According to documents filed in the case, Barber was employed by BBVA Big Spring as Branch Manager from 2008 to 2012.
Barber made withdrawals from BBVA Big Spring customers' accounts without their knowledge, authority and permission, causing an approximate $1.1 million loss to BBVA Big Spring.
Barber executed her scheme by several means, including fraudulently using customers' names and bank account numbers to initiate debit entries and withdrawals, and forging BBVA Big Spring employee bank tellers' signatures on cashier's checks.
The FBI investigated the case. Assistant U.S. Attorney Chris Wolf prosecuted.
Barber's scheme was particularly brazen, as she used her position as Branch Manager to withdraw money from customers' accounts through her employee tellers and deposited the funds into her personal banking account.
Key Facts
- State: Texas
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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