Germantown bank teller sentenced for embezzling from elderly customers -- Gazette.Net


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A former Germantown bank teller was sentenced Thursday to two years in prison for embezzling money from elderly clients and a restaurant, and for tax evasion.

From November 2010 to July 2012, Irene Quansah, 37, used her position as a teller coordinator at a Kensington branch of SunTrust Bank to fraudulently withdraw funds from customers’ accounts and failed to deposit customer funds, according to her plea agreement.

On Dec. 28, 2010, she withdrew $10,000 from the account of an elderly woman, returning the money from funds drawn off of her teller vault only after the customer complained to bank officials about the unauthorized withdrawal, according to the plea.

On five occasions from December 2010 to April 2011, Quansah withdrew a total of $11,550 from another elderly woman’s account, falsely noting that the fraudulent withdrawals were done at the customer’s request.

In February 2011, the daughter of a third elderly woman presented savings bonds to Quansah to redeem and deposit the proceeds into her mother’s account. Quansah deposited only a portion of the proceeds into the customer’s account, stealing at least $9,975. In September 2011 Quansah was asked to redeem savings bonds valued at $25,179 and deposit the proceeds into another elderly woman’s account, but Quansah deposited only $13,343, keeping the rest for herself, according to her plea agreement.

On nine occasions from September 2011 to March 2012, Quansah stole a total of $65,850 from an elderly couple’s account, again falsely noting that the withdrawals were made at the couple’s request. After the elderly man complained to bank officials about these unauthorized withdrawals, Quansah refunded the account using funds drawn off of a friend’s line of credit, according to the plea. About an hour later, Quansah debited her teller vault to repay her friend’s line of credit.

On at least 100 occasions Quansah took cash from cash deposits made by Kensington Restaurant at an ATM, stealing a total of $35,696, according to the plea.

On Aug. 1, 2012, bank officials conducted a surprise audit of Quansah’s cash drawer and teller vault, which revealed a shortage of $87,900. Quansah admitted in the plea to taking the money.

The total amount Quansah embezzled was $144,908. She did not report any of that on her tax returns and thus owed from $30,000 to $80,000 in taxes for underreporting her income.

U.S. District Judge Paul W. Grimm sentenced Quansah to two years in prison followed by five years of supervised release for embezzlement and income tax evasion. She also was ordered to pay restitution of $144,908 to the bank and $30,000 to the Internal Revenue Service.

“Ms. Quansah is extremely remorseful for her conduct in this case and would like to apologize to all of the customers of SunTrust Bank who were victimized; she will work hard to repay the money owed,” her attorney, Megan Coleman, told The Gazette Friday.