Bridgeport bank manager arraigned for embezzlement
Roxanna Foley, 52, of Bridgeport, was arraigned on Wednesday in federal court in Sacramento, United States Attorney Benjamin B. Wagner announced.
On April 18, 2013, a federal grand jury returned an indictment, charging her with theft and embezzlement by a bank employee. According to the indictment and statements made in court, between October 2011 and March 20, 2012, Foley embezzled approximately $320,000 from the Eastern Sierra Community Bank where she was employed as a manager.
Foley was released today on a $50,000 bond. She is scheduled to appear before United States District Judge Kimberly J. Mueller on May 29, 2013 for a status conference.
If convicted, Foley faces a maximum statutory penalty of 30 years in prison, a $1 million fine, and a five-year term of supervised release. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.
This case is the product of an investigation by the Federal Bureau of Investigation and the Mono County Sheriff’s Department. Assistant United States Attorney Kyle Reardon is prosecuting the case.
-Press Release
