CBS 11 Header TXA 21 Header MeTV Header KRLD Header The Fan Header

Local

Former Fort Worth Bank Manager Pleads Guilty To Fraud

Get Breaking News First

Receive News, Politics, and Entertainment Headlines Each Morning.
Sign Up

From Our CBS Music Web Sites

kluvs super 70s weekend voting 1979 dl Former Fort Worth Bank Manager Pleads Guilty To FraudPick The Best Song From 1979

115245513 8 Former Fort Worth Bank Manager Pleads Guilty To FraudCrush Of The Day: Mila Kunis

80219448 Former Fort Worth Bank Manager Pleads Guilty To FraudViral Video: Hilarious Southwest Safety Announcement

155742164 Former Fort Worth Bank Manager Pleads Guilty To FraudPick Your Favorite Victoria Secret Model

Featured Items

Fantasy_tileHottest Olympians

pet_tileYour Pet Photos

weather_tileSend Us Your Weather Photos

FORT WORTH (AP) - A former North Texas bank manager accused of stealing at least $2 million from customers has pleaded guilty.

Authorities say Pamela Cobb pleaded guilty Wednesday to bank fraud and faces up to 30 years in prison. A federal judge in Fort Worth will sentence her in September.

The former Bank of America branch manager could also be ordered to pay a $1 million fine and make restitution.

The Fort Worth Star-Telegram reports Cobb used the money for vacations, clothing, jewelry and land. She must forfeit property in Granbury, a car, a camping trailer, plus a diamond ring and bracelet.

Prosecutors say Cobb since 2002 illegally withdrew cash from accounts. Some customers reported the missing funds to her, then Cobb would steal from other accounts to hide the original theft.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Also Check Out: