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Embezzlement nets former BB&T employee jail time

Posted February 24, 2009

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— A federal judge on Monday sentenced a former employee of BB&T to prison for embezzlement. Melody Owens, of Fuquay-Varina, pleaded guilty in October 2008.

Owens worked at the bank from 1996 through January 2008, selling financial and insurance products and assisting clients in opening new accounts. During the course of her crime, Owens withdrew money from a cash box and covered her tracks by falsifying documents, John Stuart Bruce, acting U.S. attorney, said.

"The sentence in this case appropriately addresses a very serious and long-running fraud. The defendant violated both the trust of her employer and of her customers," Bruce said.

Investigators from the Federal Deposit Insurance Corporation and the FBI determined that Owens created more than 400 false documents to cover more than 200 transactions totaling $269,447.10.

Under the terms of her sentence, Owens is to serve 27 months in prison, followed by a three-year supervised release and make full restitution.


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  • Gizmo the Great Feb 25, 2009

    Stefany, how does BB&T steal from you? I for one would like to know how you figure that one...

  • Iseeu Feb 24, 2009

    The law does not enforce the money being paid back so all she got was the jail time

  • hobco1 Feb 24, 2009


    that is a little over a quarter of a million.......not half a million

  • Concerned Feb 24, 2009

    That sure is not much of a sentence when you consider, she stole almost half a million dollars. That's a slap on the wrist, for Pete's sake!

  • CherryDarling Feb 24, 2009

    Stefany - Funny!!!

  • iamyeary Feb 24, 2009

    I don't see how she will ever be able to pay back the bank in cash. Perhaps she should be sentenced to work for the bank as a janitor until the debt is paid in full-- while wearing an ankle bracelet monitor. Jail sounds too easy.

  • ABM Feb 24, 2009

    Must have been a change in the guard, someone new to the organization. When ever there is a new person, ex auditor, president, vp, ect.. The shake ups are big!!

  • HappyGirl08 Feb 24, 2009

    Too much liability in making her work. Now, some unpleasant community service to go alone w/her jail time, Yea...that'd be good.

  • Gork Feb 24, 2009

    Interesting concept - an individual stealing from a bank, instead of the other way around...

  • LibertarianTechie Feb 24, 2009

    In that time she only embezzeled a quarter of a million dollars? That is shamefull. If you are going to embezzel from your employeer, make it worth getting caught over!