Bank CSR enters guilty plea
A former customer service representative for Teche Federal Bank in New Iberia pleaded guilty in federal court to charges of embezzling bank funds, according to United States Attorney Stephanie A. Finley.
Brandy Z. Rogers, 32, of New Iberia, was charged in September with embezzlement of bank funds. According to court documents filed Friday, Rogers was a customer service representative at the bank. During her employment from June 2008 through January 2011, the defendant was allegedly accessing customer accounts and certificates of deposits without the customers’ knowledge or permission. She created a Teche Federal Bank account using a made-up name and Social Security number.
Some of the funds embezzled were deposited into this account and subsequently spent by Rogers writing checks using the made-up name, according to court documents. Another alleged method used by the defendant was the creation and processing of loans in the names of Teche Federal Bank customers without their knowledge. She then issued and forged cashier’s checks in the customer’s name. In her effort to conceal this scheme, Rogers altered the customers’ IRS 1099 forms so that the customers wouldn’t know.
At the plea hearing, Rogers reportedly acknowledged that she embezzled funds for her personal benefit, including the purchase of vehicles, home improvements, living expenses and entertainment. The total amount of money embezzled was $387,321.45.
At sentencing, Rogers faces a term of imprisonment of not more than 30 years, a fine of not more than $1 million, or both, and a term of supervised release of not more than five years. Sentencing will be scheduled at a later date.
The case was investigated by Special Agent Kevin Bodden, United States Secret Service, and is being prosecuted by Supervisory Assistant United States Attorney Richard A. Willis.