Mansfield Men Accused In Connection With $2 Million Embezzlement From Bank Customers
Two former bank managers were accused in connection with an embezzlement case, the U.S. Department of Justice reported Thursday.
Attorneys are looking into the embezzlement and theft of more than $2 million from Huntington National Bank and KeyBank in Mansfield.
Kevin Moore, a former manager of Huntington National Bank, and Randy Meister, former manager of KeyBank face charges including embezzlement and fraud.
Moor was accused of embezzling around $1.7 million from Huntington National Bank. He was also charged with tax evasion for failing to report and pay taxes on money he embezzled and used for his own benefit.
According to the U.S. Attorney for the Northern District of Ohio, Moore, 35, would meet with bank customers who sought to open an annuity account. Moore would take the customer's money and provide them with a phony print-out, falsely claiming that their money was invested.
Moore is accused of fraudulently opening lines of credit in Meister's name and depositing the stolen money.
Attorneys claimed that though Meister, 60, was originally unaware of the scheme, he eventually helped Moore withdraw cash and conceal the alleged embezzlement.
Moore was also accused of taking $360,000 from a fellow church member through a phony investment scheme-even convincing the victim to take money out of stocks and to put them into the fake investment.
The crimes were alleged to have occurred from 2004-2010.
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