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Saturday, November 9, 2013

Cameron Park, California man pleads guilty to bank embezzlement

A Cameron Park man today pleaded guilty in federal court in Sacramento to one count of bank embezzlement.
Ethan George Banaszak, 35, embezzled thousands of dollars from his employer, a federally insured bank, according to a federal Department of Justice news release.
Court documents show that Banaszak made more than $660,000 in unauthorized withdrawals from bank customers' accounts and took $16,000 in cash from the bank's vault.
He is to be sentenced Jan. 23 by U.S. District Judge Garland E. Burrell.
The case resulted from an FBI investigation.
When he’s sentenced in January, he faces a possible maximum statutory penalty of 30 years in prison and a $1 million fine.

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