YubaNet.com
Wednesday, August 20 2014

            We Deliver News to the Sierra
News Fire News spacer Latest News spacer Regional News spacer California News spacer USA News spacer World News spacer Op-Ed spacer Enviro News spacer Sci Tech News spacer Life spacer Odd News spacer Cartoons spacer
Features The Calendar features features Weather features Sierra NightSky features features features Road Conditions features Home spacer
CA
 

Wells Fargo Insider Arrested for Stealing Money from Accounts


    Google+    

By: United States Attorney Lawrence G. Brown Eastern District of California

SACRAMENTO, Calif. August 14, 2009 - United States Attorney Lawrence G. Brown announced today that RONITA PRASAD, 28, of Antelope, was arrested this morning for unauthorized access to a protected financial institution computer, bank fraud, and aggravated ID theft offenses.

This case is the product of a combined investigation by the United States Postal Inspection Service, and the Sacramento Sheriff's Department.

According to Assistant United States Attorney Michelle Rodriguez, who is prosecuting the case, between December 15, 2008 and July 1, 2009 PRASAD, while employed as a telephone banker at the Wells Fargo Bank Call Center, accessed the bank's protected computer system without authorization. She obtained customer information to pay her own personal debt, to open credit card accounts and obtain credit cards for her fraudulent use, and to obtain ATM cards to steal cash. PRASAD also is alleged to have caused blank checks to be issued on high dollar accounts for her fraudulent use.

PRASAD faces up to 30 years in prison for each bank fraud charge, up to five years additional in prison for her unauthorized access to a protected computer, and a minimum mandatory of two years in prison for each charge of aggravated ID theft. The actual sentence, however, will be determined at the discretion of the court after consideration of the Federal Sentencing Guidelines, which take into account a number of variables and any applicable statutory sentencing factors.

PRASAD is scheduled to make an initial appearance today on the complaint at 2:00 PM before United States Magistrate Judge Dale A. Drozd.

 

Help us bring you more news. Be a real reader: Support YubaNet

By submitting a comment you consent to our rules. You must use your real first and last name, not a nickname or alias. A comment here is just like a letter to the editor or a post on Facebook. Thank you.

 

Latest Headlines

CA

State Schools Chief Tom Torlakson Issues Statement on 2014 ACT® Report

Bill to prevent sterilization abuse of female inmates heads to governor

L.A. schools program aims to keep kids out of courts

California has allocated five times more surface water than the state actually has

Governor Brown Secures Fire Management Assistance Grant from FEMA to Assist Fire Agencies Battling Way Fire

Corps begins real estate actions for Isabella Lake Dam project

Governor Brown Secures Fire Management Assistance Grant from FEMA to Assist Fire Agencies Battling Junction Fire

California Water Impact Network Opposes Wasteful Water Bond


More

 

 

 

 

NEWS . Fire News . Latest . Regional . California . USA . World . Op-Ed . Enviro . Sci/Tech . Life . Odd News . Cartoons
FEATURES . The Calendar .Weather . Sierra NightSky . Horoscope . Road Conditions
YubaNet.com . Advertising. About Us . Support YubaNet . Contact Us . Terms of Use . Privacy

YubaNet.com © 1999-2014
Nevada City, California (530) 478-9600