For the second time in two months, a CitiFinancial executive in Vermont has been charged with embezzling funds from the nationwide money-lending business.
Julie Phillips, a district manager who oversaw operations at six CitiFinancial branch offices in northern Vermont, pleaded not guilty in federal court in Burlington to a bank fraud charge claiming she embezzled an estimated $100,000 from the institution between April 2009 and June 2010.
Phillips, 39, of St. Albans was released on conditions pending the outcome of her case.
In February, Angela Feeley, 35, of Sheldon was arraigned on the same charge in federal court. Feeley, a branch manager for CitiFinancial's South Burlington office, allegedly embezzled $150,000 over a five-year period ending in June 2010, according to court papers.
Feeley has pleaded guilty to the charge and is scheduled to be sentenced July 11. She and Phillips, if convicted, each face a sentence of up to 30 years in prison and $1 million in fines.
Assistant U.S. Attorney Greg Waples said Wednesday that CitiFinancial auditors discovered evidence of Phillips' alleged embezzlement while investigating Feeley's conduct last year.
"They suspected wrongdoing by Feeley and, in the course of conducting a tight audit of financial affairs related to Feeley, they discovered irregularities with respect to Phillips," Waples said.
He said the two bank managers knew each other, but their alleged embezzlements were unrelated and neither person knew about the other's conduct.
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If you are in need of an experienced Southern California Criminal Embezzlement Crimes Defense Lawyer, you can contact the Law Offices of James E. Silverstein for a free consultation today at (310) 274-8400.
James E. Silverstein is innovative, tenacious, and he will do everything in his power to keep you out of jail and have the embezzlement crime charges against you dismissed or reduced.
For more info and further assistance, you can visit related links.
California White Collar Crimes Lawyer
Julie Phillips, a district manager who oversaw operations at six CitiFinancial branch offices in northern Vermont, pleaded not guilty in federal court in Burlington to a bank fraud charge claiming she embezzled an estimated $100,000 from the institution between April 2009 and June 2010.
Phillips, 39, of St. Albans was released on conditions pending the outcome of her case.
In February, Angela Feeley, 35, of Sheldon was arraigned on the same charge in federal court. Feeley, a branch manager for CitiFinancial's South Burlington office, allegedly embezzled $150,000 over a five-year period ending in June 2010, according to court papers.
Feeley has pleaded guilty to the charge and is scheduled to be sentenced July 11. She and Phillips, if convicted, each face a sentence of up to 30 years in prison and $1 million in fines.
Assistant U.S. Attorney Greg Waples said Wednesday that CitiFinancial auditors discovered evidence of Phillips' alleged embezzlement while investigating Feeley's conduct last year.
"They suspected wrongdoing by Feeley and, in the course of conducting a tight audit of financial affairs related to Feeley, they discovered irregularities with respect to Phillips," Waples said.
He said the two bank managers knew each other, but their alleged embezzlements were unrelated and neither person knew about the other's conduct.
For complete read, you can visit related links.
If you are in need of an experienced Southern California Criminal Embezzlement Crimes Defense Lawyer, you can contact the Law Offices of James E. Silverstein for a free consultation today at (310) 274-8400.
James E. Silverstein is innovative, tenacious, and he will do everything in his power to keep you out of jail and have the embezzlement crime charges against you dismissed or reduced.
For more info and further assistance, you can visit related links.
California White Collar Crimes Lawyer