Former Bank Vice-President Sentenced for Embezzlement, Reports U.S. Attorney

Apr 11, 2001, 01:00 ET from U.S. Attorney

    BOSTON, April 11 /PRNewswire/ -- The former vice-president of a Quincy
 bank was sentenced today following an earlier guilty plea to ten counts of
 embezzlement.
     United States Attorney Donald K. Stern announced today that REGINA GURNEY,
 age 64, of 66 Westminster Road in Weymouth, was sentenced by U.S. District
 Judge Court Edward F. Harrington to 2 years' probation and ordered to pay a
 fine of $ 3,000. GURNEY had pled guilty to creating fictitious loans to
 embezzle more than $230,000 between 1991 and 1998 from Colonial Federal
 Savings Bank, where GURNEY had been a vice-president until her termination.
     In sentencing GURNEY, U.S. District Judge Court Edward F. Harrington took
 into consideration the defendant's disclosure of her activities to bank
 officials and her payment of full restitution.
     The case was investigated by agents of the Federal Bureau of
 Investigation, assisted by officials of the bank, and was prosecuted by
 Assistant U.S. Attorney Victor A. Wild of Stern's Economic Crimes Unit.
 
 

SOURCE U.S. Attorney
    BOSTON, April 11 /PRNewswire/ -- The former vice-president of a Quincy
 bank was sentenced today following an earlier guilty plea to ten counts of
 embezzlement.
     United States Attorney Donald K. Stern announced today that REGINA GURNEY,
 age 64, of 66 Westminster Road in Weymouth, was sentenced by U.S. District
 Judge Court Edward F. Harrington to 2 years' probation and ordered to pay a
 fine of $ 3,000. GURNEY had pled guilty to creating fictitious loans to
 embezzle more than $230,000 between 1991 and 1998 from Colonial Federal
 Savings Bank, where GURNEY had been a vice-president until her termination.
     In sentencing GURNEY, U.S. District Judge Court Edward F. Harrington took
 into consideration the defendant's disclosure of her activities to bank
 officials and her payment of full restitution.
     The case was investigated by agents of the Federal Bureau of
 Investigation, assisted by officials of the bank, and was prosecuted by
 Assistant U.S. Attorney Victor A. Wild of Stern's Economic Crimes Unit.
 
 SOURCE  U.S. Attorney