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Former Premier Bank Employee Indicted for EmbezzlementLock Icon

1 min read

A 61-year-old Crittenden County woman was recently indicted by a grand jury on a charge of embezzling money from Premier Bank of Arkansas.

The indictment said Pamela Cooper of Marion swiped $314,000 from the bank between January 2019 and Dec. 15, 2020.

Cooper worked as the official vault teller for the bank and allegedly took the money by “removing cash from the vault and concealing it by falsifying bank documents,” said the indictment, filed in federal court in the Eastern District of Arkansas.

A spokeswoman with the U.S. attorney’s office for the Eastern District said in an email that she couldn’t comment on where the money went or how long Cooper worked for the bank.

But if Cooper is convicted, she will have to forfeit all property that stemmed from the crime. And if convicted, Cooper faces not more than 30 years in federal prison and a fine of up to $1 million.

She could not be reached for comment. The docket sheet in federal court doesn’t show that Cooper had an attorney as of Thursday afternoon.

Premier Bank is No. 71 on this week’s list of banks ranked by return on equity.

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