Bank manager pleads guilty to bank fraud, embezzlement charges - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Bank manager pleads guilty to bank fraud, embezzlement charges

CAPE GIRARDEAU, MO (KFVS) -

An Ellington bank manager has pleaded guilty Tuesday to bank fraud and embezzlement charges.

According to the U.S. Attorney's Office, Irvin R. Eddington, Jr., 42, of Ellington, pleaded guilty to bank fraud and embezzlement charges, involving issuing fraudulent letters of credit while he was Vice
President and Manager of the Ellington Branch of People's Community State Bank (PCSB).

Attorneys say Eddington created fraudulent PCSB money orders funded by advances from customer lines of credit to get money to pay his bills.

Also, from January 2004 through October 2011, prosecutors say Eddington created and issued a number of fraudulent unsecured irrevocable letters of credit to an associate in the name of the bank worth approximately $1,340,896.

Sentencing has been set for May 20, 2013.

Copyright 2013 KFVS. All rights reserved.

 

  • Heartland NewsMore>>

  • breaking

    Suspect in custody after Sikeston man shot in legs

    Suspect in custody after Sikeston man shot in legs

    Monday, February 19 2018 11:06 PM EST2018-02-20 04:06:18 GMT
    (Source: Raycom Media)(Source: Raycom Media)

    The victim of a shooting has been taken to a hospital in Sikeston, Missouri. It happened around 7 p.m. on Monday, February 19. 

    The victim of a shooting has been taken to a hospital in Sikeston, Missouri. It happened around 7 p.m. on Monday, February 19. 

  • Carbondale police investigating report of attempted sexual assault

    Carbondale police investigating report of attempted sexual assault

    Monday, February 19 2018 8:27 PM EST2018-02-20 01:27:32 GMT

    Police in Carbondale, Illinois are investigating a report of a man trespassing and trying to sexually assault a woman.

    Police in Carbondale, Illinois are investigating a report of a man trespassing and trying to sexually assault a woman.

  • Heartland farmer talks weather change impact on crops

    Heartland farmer talks weather change impact on crops

    Monday, February 19 2018 8:15 PM EST2018-02-20 01:15:33 GMT
    (Source: KFVS)(Source: KFVS)

    With all the rain in the forecast this week, it could cause issue before it's over. 

    With all the rain in the forecast this week, it could cause issue before it's over. 

Powered by Frankly