Former Operations Manager at Waltham Branch of Fleet Bank Pleads Guilty to False Statement Charges, Reports U.S. Attorney

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

    BOSTON, Mass., April 11 /PRNewswire/ -- A Waltham woman pled guilty to
 today in federal court to charges that she submitted false statements to the
 former Fleet Bank Branch in Waltham where she worked as an Operations Manager.
     United States Attorney Donald K. Stern and Special Agent in Charge Charles
 S. Prouty of the Boston Field Office of the Federal Bureau of Investigation,
 announced today that SOUPHAPHONE CHANTHASENG, age 26, of 35 Crescent Street,
 Waltham, has pled guilty to all three counts of an indictment charging her
 with making false entries in the books and records of a federally insured
 bank.
     At a hearing before U.S. District Court Judge Edward F. Harrington, the
 prosecutor outlined the evidence against CHANTHASENG, who worked as a Branch
 Operations Supervisor at Fleet's Waltham Branch.  Beginning in 1998,
 CHANTHASENG began taking cash from the bank's vault.  To conceal the ever-
 growing sum of missing cash, CHANTHASENG began creating phony "Rapid Deposit
 in Transit Tickets."  The tickets were ordinarily used by the bank to account
 for money received in night deposit bags and sent off-site for counting.  By
 June 15, 2000, CHANTHASENG had diverted nearly $945,000 in cash.  On that
 date, CHANTHASENG submitted the three phony tickets charged in the indictment,
 totaling $944,249.  The prosecutor stated that the money appears to have been
 spent on "cars, clothes, vacations and housing."
     Judge Harrington scheduled CHANTHASENG's sentencing for April 11, 2001, at
 2:30 p.m.  The charged offenses carry penalties of up to 30 years in prison
 and $1 million in fines.
     The case was investigated by special agents of the Federal Bureau of
 Investigation. It is being prosecuted by Assistant U.S. Attorney Paul Levenson
 of Stern's Economic Crimes Unit.
 
 

SOURCE U.S. Attorney
    BOSTON, Mass., April 11 /PRNewswire/ -- A Waltham woman pled guilty to
 today in federal court to charges that she submitted false statements to the
 former Fleet Bank Branch in Waltham where she worked as an Operations Manager.
     United States Attorney Donald K. Stern and Special Agent in Charge Charles
 S. Prouty of the Boston Field Office of the Federal Bureau of Investigation,
 announced today that SOUPHAPHONE CHANTHASENG, age 26, of 35 Crescent Street,
 Waltham, has pled guilty to all three counts of an indictment charging her
 with making false entries in the books and records of a federally insured
 bank.
     At a hearing before U.S. District Court Judge Edward F. Harrington, the
 prosecutor outlined the evidence against CHANTHASENG, who worked as a Branch
 Operations Supervisor at Fleet's Waltham Branch.  Beginning in 1998,
 CHANTHASENG began taking cash from the bank's vault.  To conceal the ever-
 growing sum of missing cash, CHANTHASENG began creating phony "Rapid Deposit
 in Transit Tickets."  The tickets were ordinarily used by the bank to account
 for money received in night deposit bags and sent off-site for counting.  By
 June 15, 2000, CHANTHASENG had diverted nearly $945,000 in cash.  On that
 date, CHANTHASENG submitted the three phony tickets charged in the indictment,
 totaling $944,249.  The prosecutor stated that the money appears to have been
 spent on "cars, clothes, vacations and housing."
     Judge Harrington scheduled CHANTHASENG's sentencing for April 11, 2001, at
 2:30 p.m.  The charged offenses carry penalties of up to 30 years in prison
 and $1 million in fines.
     The case was investigated by special agents of the Federal Bureau of
 Investigation. It is being prosecuted by Assistant U.S. Attorney Paul Levenson
 of Stern's Economic Crimes Unit.
 
 SOURCE  U.S. Attorney