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Friday, August 6, 2010

Former bank manager in San Jose headed to jail for embezzlement

A former bank manager at a Well Fargo in San Jose has pleaded guilty to elder fraud and forgery in connection with embezzling money from bank customers.Deputy DA Sherry Boulard says John Tran befriended clients of the bank branch on Lincoln Ave and visited them at their home to gain their trust. Tran will serve six years in prison and agreed to pay more than $550-thousand dollars in restitution. Police suspect the actual amount stolen is nearly $1-million dollars, but those allegations weren't proved and as a result weren't charged.

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