Bank executive sentenced in wire fraud scheme

8:58 PM, Jun 18, 2013   |    comments
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ST. PETERSBURG, Florida -- Today, a U.S. district judge sentenced a Citicorp bank executive to 24 months in federal prison for committing wire fraud.

Susan Emily Jones, 50, pled guilty on January 16, 2013. Jones served as vice president and senior business director of Citicorp Services, Inc. She managed employees and operations, but falsely led others to believe she was authorized to make certain expenditures of company funds, according to court documents.

She then allegedly used them for her personal needs. In particular, Jones used the funds to pay for Tampa Bay Buccaneers football season tickets, credit cards, charitable contributions, and travel.

She was forced to forfeit a BMW, her personal residence, and the funds that were in three bank accounts totaling $7,166.38.

In total, Jones reportedly took $824,301.57 using interstate wire transmissions by bypassing Citicorp and Citibank internal controls.

By Stefanté Randall, 10 News Intern

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