Rhode Island Woman Sentenced for Bank Fraud
| U.S. Attorney’s Office December 01, 2009 |
CONCORD, NH—United States Attorney John P. Kacavas today announced that Mary Seeto, most recently of Warwick, Rhode Island, was sentenced to 24 months in federal prison after pleading guilty to one count of bank fraud. Seeto was also sentenced to five years of supervised release to begin after she is released from prison. During the period of supervised release, Seeto’s behavior will be monitored by the United States Probation and Pretrial Services Office. Seeto was also ordered to pay restitution to the victim of her fraud in the amount of $325,271.34.
On September 1, 2009, Seeto pleaded guilty to cashing forged checks drawn on various Citizens Bank accounts of her employer, Northern Arch Management. During the period of the scheme, the United States alleged that Seeto obtained more than $300,000 through the forgeries.
The case was investigated by the Nashua Police Department and the Federal Bureau of Investigation.