South Shore woman pleads guilty to embezzlement
By Portia Williams
PDT Staff Writer
COVINGTON, Ky. — The office of Kerry B. Harvey the United States Attorney Eastern District of Kentucky is reporting this week that Brenda Gammon, 41, of South Shore, Ky., admitted in federal court to bank embezzlement and aggravated identity theft charges on Dec. 10.
According to the US Attorney’s office, Gammon pleaded guilty on Tuesday to an information charging her with bank embezzlement and aggravated identity theft before U.S. District Court Judge David L. Bunning. Gammon admitted to embezzlement of $829,600 during a time period of June 28, 2004, through July 18, 2012. Gammon worked as a teller, and later head teller, at the South Shore branch of Home Federal Savings and Loan, where the embezzlement took place.
Gammon further admitted that as a teller, she had access to the account and balance totals of customer accounts, and how frequently they accessed those accounts.
Using accounts that had significant deposits, Gammon would reportedly apply for share loans in those customers’ names, bypass the loan approval process, and approve the loans herself. She would then have checks issued and cash the checks herself. While no individual customer lost any money, South Shore Home Federal Savings and Loan did lose $829,600.
According to the US Attorney’s Eastern District, as part of her plea, Gammon agreed to pay restitution in the amount of $829,600.00.
The aggravated identity theft count was based on Gammon using the identity of real customers in obtaining the money.
The investigation was conducted by Federal Bureau of Investigation. The U.S. Attorney’s Office was represented by Assistant U.S. Attorney Edwin J. Walbourn, III. Kerry B. Harvey, United States Attorney for the Eastern District of Kentucky, and Perrye Turner, Special Agent In Charge, Federal Bureau of Investigation, jointly announced the guilty plea this week.
Gammon is scheduled to be sentenced on April 14, 2014. She faces up to 30 years in prison and a maximum fine of $250,000.00. Regarding the aggravated identity theft charge, a mandatory sentence of two years, consecutive to the sentence for embezzlement, is required.
Bunning allowed Gammon to remain free on her own recognizance pending sentencing, which is scheduled for April 14, 2014. Gammon faces up to 30 years in prison and a maximum fine of $250,000.
Portia Williams may be reached at 740-353-3101, ext. 286 or firstname.lastname@example.org. For breaking news, follow Portia on Twitter @PortiaWillPDT.
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