EYEWITNESS LOCAL NEWSFormer Bank Executive Sentenced For Stealing More Than $530,000
from Eyewitness News Online
Reported by: Associated Press
Web Producer: Jeff Morris
Reported: Jul. 18, 2013 9:26 AM EDT
Charleston , Kanawha County , West Virginia
A former executive with Chase Bank's Charleston branch has been sentenced to three years in federal prison for stealing more than $532,000 from his employer.
Mark McCoy was sentenced Wednesday in federal court in Charleston. He pleaded guilty in March to embezzlement by a bank employee.
The 46-year-old Charleston resident was employed as the vice president of private client banking services at the bank's Charleston branch from September 2008 until June 2012. Federal prosecutors say McCoy stole the money from nine personal and corporate clients' accounts from November 2009 to April 2012.
Federal prosecutors say the bank was able to recover about $85,000. A federal judge ordered McCoy to pay nearly $448,000 in restitution.
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