ST. LOUIS, Missouri – In a shocking case of corporate betrayal, Samantha J. Cherry, a 35-year-old former bank employee from Morrisonville, Illinois, was arrested by the FBI Thursday after an indictment accused her of embezzling about $439,000 from a UMB Bank branch in St. Louis.
According to the indictment, Cherry took the money from the UMB Bank branch between January 1, 2021, and March 18, 2022. The indictment, which was handed down on October 26, 2022, charges her with one felony count of theft or embezzlement by a bank officer.
The charges set forth in an indictment are merely accusations and do not constitute proof of guilt. Every defendant is presumed to be innocent unless and until proven guilty.
If convicted, the charge carries a potential penalty of up to 30 years in prison, a $1 million fine or both.
The FBI investigated the case, and Assistant U.S. Attorney Jennifer Roy is prosecuting the case.
Cherry’s arrest is a stark reminder of the devastating consequences of white-collar crime and the importance of accountability in the financial sector.
As the investigation continues, the community is left to wonder how such a large-scale embezzlement scheme went undetected for so long.
Related Federal Cases
- Ray Leonard Marple, Trust Fund Embezzlement, Missouri 2024 · Kansas
- Denise Rea Barner, Debit Card Embezzlement, Missouri 2023 · Kansas
- Paula Smith, Trust Account Embezzlement, Missouri 2023 · Georgia
- Bridget Thebeau, International Embezzlement, Missouri 2024 · Arkansas
- Kristina Higgins, Embezzlement, Missouri 2024 · Arkansas
Key Facts
- State: Missouri
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
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