Former UMB Bank worker sentenced for embezzlement

4 years 7 months 1 week ago Thursday, September 11 2014 Sep 11, 2014 Thursday, September 11, 2014 3:06:50 PM CDT September 11, 2014 in News
By: The Associated Press

KANSAS CITY (AP) - A Kansas City woman is going to prison for embezzling more than $650,000 for the bank where she worked.

The U.S. Attorney's office says 54-year-old Lisa L. Taylor was sentenced Thursday to six years and six months without parole.

Taylor pleaded guilty in February to defrauding UMB Bank, where she worked as a closing account specialist from May 2006 until October 2010. Eleven of her friends and relatives in Missouri and Kansas also pleaded guilty to taking part in the conspiracy.

Taylor admitted generating 377 fraudulent checks, some of them payable to friends and relatives who cashed the checks and gave Taylor part of the proceeds.

The scheme also involved $97,000 worth of checks made payable to fictitious names. Taylor forged the signatures and deposited the checks into her own bank account.

 

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