WESTON, W.Va. — A former Weston bank branch manager has plead guilty to embezzlement.
According to a release from U.S. Attorney William Ihlenfeld’s Office, Deborah Radcliff, 51, of Weston, pleaded guilty Wednesday to one count of embezzlement by a bank employee and one count of structuring.
Radcliff was a former branch manager of the Weston branch of Huntington National Bank.
The release states that from July 1, 2011, to November 5, 2012, Radcliff embezzled and misapplied $247,249.88 from depositors’ accounts. She also engaged in acts of structuring to cause the bank to fail to file a Currency Transaction Report for currency transactions of $10,000 or more.
As a branch bank manager, Radcliff knew about banking rules and regulations requiring banks to file reports for single financial transactions of more than $10,000.
To hide her scheme from the customer’s accounts, she would have multiple cashier’s checks issued for less than $10,000, which she would cash on different days, stated the release.
The ages of the alleged victims ranged from 56 to 90 years, with all but one alleged victim 64 years or older.