May 25, 2012
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Reporter: WSAZ News Staff Email

30-Year Employee of Local Bank Sentenced for Taking Money

UPDATE 2/6/12 @ 1:45 p.m.
CHARLESTON, W.Va. (AP) -- A former bank teller supervisor will spend more than two years in prison for making a false bank entry.

Bonnie J. Bain pleaded guilty in June 2011 to making false entries to hide her embezzlement of between $200,000 and $400,000 from a BB&T branch from 2004 to 2007.

U.S. Attorney R. Booth Goodwin II says U.S. District Judge John T. Copenhaver Jr. sentenced Bain on Monday to two years and six months in prison.

Copenhaver also ordered the 60-year-old Belle resident to pay $293,376 in restitution.



ORIGINAL STORY 6/6/11
CHARLESTON, W.Va. (WSAZ) -- A woman employed by a banking chain for 40 years admitted to embezzling at least $200,000.

Bonnie J. Bain, 60, of Belle, W.Va., appeared in federal court Monday, where she pleaded guilty to making a false bank entry.

Bain was an employee of BB&T and its predecessors from 1977 to November 2007. At the time of the embezzlement, she worked as a supervisor at the Westside Branch of BB&T in Charleston.

Bain admits that from May 2004 to October 2007, she made false entries in the company's books and records to cover up the embezzlement. Bain used various methods to hide the cash shortage, including recording fictitious cash dollar amounts in her teller drawer and vault by force balancing. Other times, she would create fictitious cash out tickets.

Bain will be sentenced Sept. 8.

She faces up to 30 years in prison and a $1 million fine.


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