LUDLOW, Ky. (WKRC) – A federal indictment accuses a former bank manager in Northern Kentucky of using her access at a bank to steal money from customer accounts through unauthorized cash withdrawals and forged withdrawal slips, then depositing the funds into accounts belonging to herself or family members.
A new federal indictment filed earlier in March alleges Reagan France stopped payment on escrow refund checks tied to paid-off mortgages at Home Savings Bank, issued new checks for lower amounts, and kept the difference.
Home Savings Bank is one of just six mutual institutions in Kentucky, meaning its customers actually own the bank. It’s the only bank operating in Ludlow and has been open since 1880.
The 22-count indictment did not list a total amount allegedly stolen. It did, however, include at least 10 fake withdrawals worth about $2,500 apiece under one charge…