Capital One Bank Official Pleads Guilty to Bank Theft and Larceny
| U.S. Attorney’s Office December 02, 2009 |
HONG NGUYEN, age 41, a resident of New Orleans, Louisiana, pled guilty in federal court today before U.S. District Judge Ivan L.R. Lemelle to one count felony involving bank theft and larceny, announced U.S. Attorney Jim Letten.
According to the factual basis, NGUYEN was an assistant manager in charge of branch operations and customer relations at Capital One Bank in the New Orleans, Louisiana area. During the course of her employment at the bank and over a period of several years NGUYEN embezzled from the bank approximately $950,000. In her position, NGUYEN carried out a scheme by cashing out debit tickets and cashier’s checks drawn from the lines of credit of customer’s accounts and then concealing these thefts by debiting other line of credit accounts.
The defendant faces a possible maximum sentence of thirty (30) years, a fine of $1,000,000, and five (5) years of supervised release following any term of confinement. Sentencing has been scheduled for March 3, 2010.
The case was investigated by the Federal Bureau of Investigation. The case is being prosecuted by Assistant U.S. Attorney Juan M. Masini.