Metairie Bank Official Sentenced to Over Two Years in Prison for Bank Theft and Larceny
| U.S. Attorney’s Office October 21, 2009 |
MARIA MAY, age 63, a resident of Garryville, Louisiana, was sentenced in federal court yesterday by U.S. District Court Judge Sarah S. Vance to twenty-seven (27) months’ imprisonment for Bank Theft and Larceny, announced U.S. Attorney Jim Letten. In addition, Judge Vance impose a $6,000 fine and three (3) years of supervised release following the term of confinement. During the five-year term the convict will be under federal supervision and risks an additional term of confinement should she violate any terms of his supervised release. Prior to sentencing, MAY paid full restitution in the amount of $419,000.
According to court documents, MAY was Vice President at Metairie Bank and Trust in Metairie, Louisiana. As Vice President of the bank, MAY had access to the accounts and computers of the bank. She would post funds into accounts that appeared to be overdrawn and then the funds would be converted to accounts to which she had access to. While monies from customers accounts were not taken, MAY’s did embezzle from the bank’s account.
After sentencing, MAY was allowed to self surrender to the Bureau of Prisons by January 4, 2009, in lieu of being remanded into the custody of the United States Marshal’s Service to begin her term of confinement.
The case was investigated by the Federal Bureau of Investigation. The case was prosecuted by Assistant U.S. Attorney Juan M. Masini.