Loan Officer in South Carolina in Embezzlement Case
Schemes like this are one of the reason the housing market collapsed. This woman was embezzling money by playing around with the mortgages and home equity credt lines of friends and family who used her bank. She thus had motive to pass out loans to people regardless of their ability to pay and the borrowers, who were friends of hers, had leverage to black mail her into giving them even more credit since it’s unlikely they wouldn’t have known what she was up to.
United States Attorney Bill Nettles announced that Kimberly O. McAbee of Woodruff, S.C., has been sentenced in federal court in Greenville, S.C., for embezzling bank funds, a violation of Title 18, United States Code, Section 656. Senior United States District Judge G. Ross Anderson Jr. sentenced McAbee to 24 months’ imprisonment. Evidence presented at the change of plea hearing established that from 1988 until December 2009, McAbee worked at Arthur State Bank in Woodruff, S.C.
Starting in about November 2006 and continuing into December 2009, McAbee embezzled approximately $520,000 through the manipulation of home equity lines of credit (HELOCs) and mortgage loans held by family members and friends at Arthur State Bank. In an effort to hide her activities, McAbee accessed the bank’s expense and Freddie Mac accounts to move funds around to conceal the theft.
Anyone want to guess how many of those mortgages are sub-prime?
Greenville’s Most Wanted Handyman Captured
Also Greenville’s most stupid, because only a moron would plan a crime this easy to solve:
The Greenville County Sheriff’s Office has arrested a man they say was one of their “Most Wanted.”
Steven Edward Janes, 49, was wanted for numerous charges dating back to April 1.
Sheriff’s investigators say Janes stole items from at least two victims he worked for as a “handyman” in April and May. They tell us Janes sold those stolen items at pawn shops.
He’s being held on $46,000 bond is being hit with a total of 19 charges.
Morons Break Into Gas Station in Front of Video Camera
The haul? 33 packs of Newports. I’ll reserve comment except to say thanks for making us look good, brother. Here’s a hint for erstwhile thieves: store owners don’t leave lights on out front because they think the building is scared of the dark, it’s so the camera can get a good look at you.
According to a incident report obtained from the Police Department, the burglary sometime Sunday night or early Monday morning at the Murphy’s Gas Station, located at 2517 Laurens Road. The report states that an employee at the convenience store came into work early Monday morning and noticed that the business had been burglarized.
Deputies and the employee reviewed the surveillance video and observed a black male and white female pull up to the door of convenience store in a black or gray Chevrolet S-10 truck. The video shows the male suspect exiting the truck and taking a tire iron and hitting the store’s door and causing the glass to shatter before entering the business.
Shameful.
Remind Me Not to Get Old in Spartanburg
Apparently assisted living communities are dens of thieves! Here’s a tip for hiring people if you’re ever in that position – if they look like a greasy street walker or an amateur porn star you might want to keep them away from temptation. Also women who bounce checks and get caught on possession beefs will only pay off if lap dances are part of the job description.
No offense to the three dancers who read Greenville Dragnet, but c’mon, you guys know what I’m talking about:
The sad thing is that, if I understand this story right, the one with the raps sheet actually wasn’t the thief. Sorry Tammy, we’ll keep our eyes open for any positions you’re qualified for.
Manhole Cover Thefts Continue to Plague Greenville
The problem here isn’t just the thieves. After all, no one is stealing manhole covers and storm grates for kicks. Scrap yards buy them and the spike in metal prices combined with a “I don’t want to know where it came from” attitude at salvage yards makes these thefts some of the quickest and easiest money thieves can make.
The City of Greenville reports the theft of storm grates and manhole covers continues on streets and sidewalks. Most have been stolen from the area off East North Street.
Each manhole cover or storm gate can cost between $150 and $200 to replace.
Greenville Police ask you to call if you see any suspicious activity around those areas. The city says any legitimate work on the covers and gates are done by City or County workers in clearly marked vehicles.
You can report any suspicious activity by calling (864) 271-5333. To report a missing storm grate or manhole cover, residents are asked to call Greenville Cares, the City’s customer service call center, at 232-CARE (2273).
There’s video at the link.