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Bridgeport woman faces federal embezzlement charges

A Bridgeport woman was arraigned on Wednesday in federal court in Sacramento for allegedly embezzling $320,000.

Roxanna Foley, 52, was indicted on April 18, after being arrested a year ago, according to U.S. Attorney Benjamin B. Wagner.

Foley faces charges of theft and embezzlement by a bank employee. According to the indictment and statements made in court, between October 2011 and March 20, 2012, Foley embezzled approximately $320,000 from the Eastern Sierra Community Bank where she was employed as a manager.

Foley was released on a $50,000 bond. She is scheduled to appear before U.S. District Judge Kimberly J. Mueller on May 29 for a status conference.

If convicted, Foley faces a maximum statutory penalty of 30 years in prison, a $1 million fine, and a five-year term of supervised release.

The Federal Bureau of Investigation and the Mono County Sheriff’s Department investigated the case. Assistant U.S. Attorney Kyle Reardon is prosecuting the case.

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The Record Courier Updated Apr 25, 2013 12:56PM Published Apr 26, 2013 11:46AM Copyright 2013 The Record Courier. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.