A 28-year-old North Carolina bank teller will spend months in prison as well as pay tens of thousands of dollars in restitution after stealing from her employerA 28-year-old North Carolina bank teller will spend months in prison as well as pay tens of thousands of dollars in restitution after stealing from her employer

Bank Teller Steals $150,450 From Cash Drawer, Drains Elderly Customers’ Accounts To Conceal Theft: DOJ

A 28-year-old North Carolina bank teller will spend months in prison as well as pay tens of thousands of dollars in restitution after stealing from her employer and making unauthorized withdrawals from customer accounts.

According to the U.S. Department of Justice, Sarah Wilson embezzled $150,450 in cash from her teller drawer while working at First Citizens Bank.

Court documents say Wilson attempted to conceal her crimes by manipulating the bank’s financial records.

“To hide her theft, she entered numerous fraudulent transactions into the Bank’s computer system – fraudulent buy/sell transactions associated with the bank’s vault and fraudulent withdrawal transactions from the accounts of two elderly customers, then 89 years old and 90 years old, with whom Wilson was familiar.”

When the 89-year-old detected suspicious activity on his account and asked Wilson about it, she assured him that everything “looked fine.”

“By then, Wilson’s fraudulent entries had effectively depleted his savings and certificate of deposit accounts by $59,700.”

Wilson also drained $42,650 from the 90-year-old’s certificate of deposit account.

Wilson was fired from First Citizens Bank in May of 2024 following an investigation that revealed the extent of her theft.

Wilson, who started working as a teller at First Citizens Bank in December of 2023, pleaded guilty to three counts of embezzlement by a bank employee in August of 2025. Besides serving a 21-month prison sentence and 36 months of supervised release, Wilson will also be required to pay $150,450 in restitution.

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Bank Teller Steals $150,450 From Cash Drawer, Drains Elderly Customers’ Accounts To Conceal Theft: DOJ appeared first on The Daily Hodl.

Market Opportunity
Lorenzo Protocol Logo
Lorenzo Protocol Price(BANK)
$0.04673
$0.04673$0.04673
+2.29%
USD
Lorenzo Protocol (BANK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44
Is Bitcoin Treasury Hype Fading? Data Suggests So

Is Bitcoin Treasury Hype Fading? Data Suggests So

Bitcoin treasury companies have seen a record-breaking 2025 so far, but CryptoQuant data shows momentum has started to slow down. Bitcoin Treasuries May Be Observing A Slowdown In a new post on X, on-chain analytics firm CryptoQuant has discussed how the latest trend is looking when it comes to Bitcoin corporate treasuries. Popularized by Michael […]
Share
Bitcoinist2025/09/18 06:00
3 Paradoxes of Altcoin Season in September

3 Paradoxes of Altcoin Season in September

The post 3 Paradoxes of Altcoin Season in September appeared on BitcoinEthereumNews.com. Analyses and data indicate that the crypto market is experiencing its most active altcoin season since early 2025, with many altcoins outperforming Bitcoin. However, behind this excitement lies a paradox. Most retail investors remain uneasy as their portfolios show little to no profit. This article outlines the main reasons behind this situation. Altcoin Market Cap Rises but Dominance Shrinks Sponsored TradingView data shows that the TOTAL3 market cap (excluding BTC and ETH) reached a new high of over $1.1 trillion in September. Yet the share of OTHERS (excluding the top 10) has declined since 2022, now standing at just 8%. OTHERS Dominance And TOTAL3 Capitalization. Source: TradingView. In past cycles, such as 2017 and 2021, TOTAL3 and OTHERS.D rose together. That trend reflected capital flowing not only into large-cap altcoins but also into mid-cap and low-cap ones. The current divergence shows that capital is concentrated in stablecoins and a handful of top-10 altcoins such as SOL, XRP, BNB, DOG, HYPE, and LINK. Smaller altcoins receive far less liquidity, making it hard for their prices to return to levels where investors previously bought. This creates a situation where only a few win while most face losses. Retail investors also tend to diversify across many coins instead of adding size to top altcoins. That explains why many portfolios remain stagnant despite a broader market rally. Sponsored “Position sizing is everything. Many people hold 25–30 tokens at once. A 100x on a token that makes up only 1% of your portfolio won’t meaningfully change your life. It’s better to make a few high-conviction bets than to overdiversify,” analyst The DeFi Investor said. Altcoin Index Surges but Investor Sentiment Remains Cautious The Altcoin Season Index from Blockchain Center now stands at 80 points. This indicates that over 80% of the top 50 altcoins outperformed…
Share
BitcoinEthereumNews2025/09/18 01:43