Personal Banker Charged with Embezzling More Than $175,000
| U.S. Attorney’s Office September 22, 2009 |
JEREMY J. RAYBURN, age 35, a resident of Baton Rouge, Louisiana, was charged in a one-count bill of information for bank larceny, announced U.S. Attorney Jim Letten.
According to court documents, from on or about May 2006, and continuing until on or about July 26, 2007, RAYBURN, a personal banker at JP Morgan Chase Bank in Metairie, Louisiana, did knowingly take and carry away, with intent to steal and purloin, from JP Morgan Chase Bank, a bank whose deposits were then insured by the Federal Deposit Insurance Corporation, more than $178,000 in funds belonging to and in the care, custody, control, management and possession of JP Morgan Chase Bank.
If convicted, RAYBURN faces a maximum term of imprisonment of ten (10) years, a fine of $250,000.00 and three (3) years of supervised release following any term of imprisonment. Letten reiterated that the bill of information is merely a charge and that the guilt of the defendant must be proven beyond a reasonable doubt.
The case was investigated by the Special Agents of the Federal Bureau of Investigation. The prosecution is being handled by Assistant United States Attorney Jon Maestri.
