North Carolina bank manager embezzles to pay gambling debts

This story was published more than 14 years ago.

The Statesville Record & Landmark nespaper in North Carolina reports that the former branch manager at the Piedmont Bank in the city has been dismissed and stands accused of stealing money from her parents and customers to pay online gambling obligations.

Doris Stroud Renegar (56) was indicted on a charge of embezzlement and identity theft in U.S. District Court this week.

Court documents indicate Renegar stole customers' identities to secure loans, and debited customers' accounts. She is also accused of taking $112,000 from her parents' certificates of deposit.

In total, federal prosecutors allege that she took more than $270,000 from both customers and her parents in order to pay online gambling debts incurred from May 2007 to June 2009.

Renegar was fired from the bank in June, court papers indicate.

Her attorney said Renegar regrets her actions and is planning to plead guilty. She faces a total of up to 32 years in prison on the charges.

Source: InfoPowa News