The Daily Hodl 2025-06-28 18:45:02

Senior Bank Vice President Uses False Documents To Defraud Employer Out of $411,923 in a Scheme Spanning Six Years

A former bank executive has just pleaded guilty to stealing hundreds of thousands of dollars from her employer. Amy Jo Reid stole $411,923 when she was working as a senior vice president and the director of purchasing for an unnamed bank in Green Bay, Wisconsin, according to court documents obtained by Fox11. Reid committed the fraud scheme using bank-sponsored credit cards, known as “purchase cards” or “p-cards” that were intended for bank-related purchases. Instead, Reid charged personal expenses on p-cards and faked documents to make it look like they were bank-related expenses from about May 2018 to May 2024. “As part of her scheme, Reid nominally followed this procedure to conceal her unlawful activities when she repeatedly charged personal expenses to p-cards, including flights, hotel reservations, and rental cars for herself and her family, her residential property taxes, flood remediation at her residence, casino gambling, and Amazon purchases. To accomplish the scheme and avoid detection, Reid submitted doctored receipts that disguised the purchase in some material way as a work-related expense, and other times she submitted no receipt but made materially misleading statements that it was a work-related expense.” Reid has pleaded guilty to three fraud charges. She also agreed to pay $411,923 in restitution to the bank. Each charge carries up to 30 years in prison and a $1 million maximum fine. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Senior Bank Vice President Uses False Documents To Defraud Employer Out of $411,923 in a Scheme Spanning Six Years appeared first on The Daily Hodl .

Наиболее читаемые новости

Coinbase Wrapped BTC (cbBTC) Surges Past 46,0...
2025-06-29
Only a Few Bitcoin-Holding Companies May Pote...
2025-06-29
Global Developments Lift Cryptocurrency Marke...
2025-06-29
Bitcoin Could Offer Protection Against Author...
2025-06-29
Pi Network News: Banxa’s $19M Liquidity Boost...
2025-06-29
Bitcoin is 'bad for dictators': Human Rights...
2025-06-29
Inflation, fuel shortages, and $430M in crypt...
2025-06-29
G7 countries agreed on a side-by-side tax agr...
2025-06-29

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения