Former Bank teller arrested after stealing over $100,000

CREATED Oct. 9, 2012 - UPDATED: Oct. 9, 2012

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  • A former bank teller has been arrested after she was caught stealing over $107,000 during the 8 month period of January 2011 through August 2011. Video by fox4now.com

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FORT MYERS, Fla.- A former bank teller has been arrested after she was caught stealing over $107,000 during the 8 month period of January 2011 through August 2011.

29 year old Sarah Stone was the head teller at First Community Bank on Daniels Parkway in Fort Myers. She became the subject of an extensive investigation after auditors discovered her teller drawer was short by at least $2000 on August 30, 2011. During the audit, Stone excused herself to use the restroom but actually left the bank and fled from the scene.
 
An extensive audit of bank transactions revealed she was not processing general ledger entries. In order to commit the thefts, Stone maintained two sets of books in an attempt to keep her scheme from being discovered.
 
In addition to her thefts from the bank, the investigation revealed Stone stole $4100 from three customers by altering checks being cashed and keeping the additional funds for herself. It was also discovered Stone had a personal account with Suncoast Schools Credit Union that suffered a loss through Stone’s practice of over-drafting her account by writing checks to herself or “cash” at First Community Bank.

A warrant was issued for the arrest of Stone after the discovery of more than $86,000 in missing funds. Further investigation revealed the amount to be much higher and that Stone had actually stolen $107,000.
 
Sarah Stone was located and arrested Tuesday, October 9th at her residence in Palm Beach County. She will be transported back to Lee County at a later date where she will face charges of Grand Theft over $100,000 (a first degree felony) and Scheme to Defraud.