Wednesday, April 29, 2009

Branch Manager Stole $29K from Accounts

A 31-year-old woman was arrested Wednesday morning after deputies say she made unauthorized withdrawals and cash advances from customer accounts while working as a branch manager at an East Naples Fifth Third bank branch.

Frances M. Agosto-Valentin, 1180 Reserve Way, Apt. 107, transferred money from two customer accounts to her own personal accounts, while she was employed at the at the Fifth Third branch at 5101 U.S. 41 E., sheriff's reports said.

The fraudulent transfers occurred in 2006 and 2007, reports said.

The victims both knew Agosto-Valentin but never gave her permission to transfer the funds, reports said.

Agosto-Valentin was arrested on a warrant charging her with scheming to defraud.