Moore Woman Charged with Bank Fraud
| U.S. Attorney’s Office April 15, 2009 |
COLUMBIA, SC—United States Attorney W. Walter Wilkins stated that Cheri Burnette Abraham, age 50, of Moore, South Carolina, was charged in a three-count Indictment with bank fraud, in violation of Title 18, United States Code, Section 1344.
The indictment is the result of a federal investigation into Abraham’s alleged embezzlement of approximately $1.1 million dollars while employed at Christian Supply, Inc., over a seven-year period.
The maximum penalty Abraham could receive for each count is a fine of $1,000,000.00 and imprisonment for 30 years.
Mr. Wilkins stated that the case was investigated by agents of the Federal Bureau of Investigation, and that he has assigned the case to Assistant United States Attorney David C. Stephens of the Greenville office for prosecution.
The United States Attorney stated that all charges in this Indictment are merely accusations and that all defendants are presumed innocent until and unless proven guilty.