Louisiana Woman Convicted of Bank Theft, Will Pay $284K to Insurer

June 8, 2012

A federal judge has sentenced a former employee of Teche Federal Bank in New Iberia to 27 months in prison for embezzling over $387,000 between June 2008 and January 2011.

On Wednesday, U.S. District Judge Rebecca Doherty also ordered Brandy Z. Rogers to pay restitution in the amounts of $75,000 to Teche Federal Bank and $283,697 to Progressive Casualty Insurance, which covered the cost of the bank’s losses.

The Advocate reports prosecutors alleged Rogers deposited some of the money into a bank account she opened under a false name and social security number. They said she also processed loans in the names of bank customers without their knowledge, then issued and forged cashier’s checks in their names.

 

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Latest Comments

  • June 8, 2012 at 2:52 pm
    MARY says:
    How did she get away with this at all????
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