Search This Blog

Saturday, January 8, 2011

Ex-employee at Davis, California bank arrested in $30,000 embezzlement

A former Davis bank employee has been arrested on suspicion of embezzling more $30,000 from First Northern Bank's Davis branch.
Lt. Paul Doroshov of the Davis Police Department said Kathleen Kolb, 35, of Davis was arrested Dec. 27.
Police were contacted Nov. 19 by officials with the bank's Dixon headquarters who said they suspected her of embezzling money from customers' accounts. Police then conducted their own financial investigation, which led to the arrest, Doroshov said.
Kolb is accused of taking money from various accounts, including line of credit accounts, through at least 14 fraudulent transactions between November 2007 and October 2010, he said.
"Some were call for cash, or cash on demand accounts," Doroshov said.
Kolb was arrested on suspicion of embezzlement, forgery, grand theft and identity theft, in the sense that when she made unauthorized debits from the accounts she was essentially impersonating someone else, he said.

Read more:

No comments:

Post a Comment