Pharr Woman Pleads Guilty to Bank Fraud Scheme
MCALLEN – A Rio Grande Valley woman has been convicted of fraud for allegedly stealing more than $1 million over the course of eight years.
The 45-year-old former PlainsCapital Bank employee was terminated in 2014 after an audit showed she had been taking money from customers without their authorization.
She pleaded guilty to two counts of bank fraud and one count of embezzlement this year.
According to a criminal complaint, Cynthia Luna Rodriguez would withdraw money from accounts and back-filled them with money from other customer’s accounts.
Investigators say she also altered tax forms and would redirect account holders’ mail to a private mailbox, which she leased.
Prosecutors said another audit estimated $1.3 million was taken from six clients.
Rodriguez’s sentence is set for April 11.