Former bank vice president appears in court - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

WACO

Former bank vice president appears in court

Posted:
WACO -

A former Whitney bank vice president appeared in federal court Thursday on charges of embezzling $6 million. Mary Helen Lane, also known as "Murty" is accused of taking the money from First National Bank in Whitney over a 10 year period.

Lane was released Thursday on a $100,000 unsecured bond.

Her Houston attorney, John Floyd, tells News Channel 25 both he and the prosecutor agreed she was not a flight risk. He says she is living in the Houston area near family.

Lane has agreed to plead guilty and is set for re-arraignment March 7 in district court.

She is accused of taking large amounts of money from the bank vault and creating false outage, vault, and transfer tickets starting in 2002.   Lane is also accused of creating fraudulent cashiers checks.

Lane is said to have spent most of the money on gambling and casinos in Oklahoma, Las Vegas, and Louisiana. She is accused of giving co-workers $100 bills after she would come back from her gambling trips, telling them she had won money gambling. She also spent some of the money on sports cars.

A former neighbor of Lane's says she was a very down to earth person and never flaunted her money.  The neighbor did say he saw a Corvette and a Camaro in her driveway.

A former co-worker says Lane often kept large amounts of cash at her home, and on more than one occasion when the bank would run out of $100 bills she would go home, retrieve $100 bills and bring them to the bank and exchange them for smaller currency. 

That same co-worker told investigators approximately two weeks after resigning, Lane cashed ten checks for $2,000 each, payable to her sister, and had them deposited in her own account.  Then two months later she had $11,000 cash put in her account, and again told the employee not to file a Currency Transaction Report, which if required by law.

Lane faces a maximum sentence of 30 years in prison and a $1 million fine, along with having to pay restitution. 

  • Local NewsMore>>

  • West community gathers for healing walk through town

    West community gathers for healing walk through town

    Friday, April 18 2014 11:38 PM EDT2014-04-19 03:38:52 GMT
    The healing process continues in West and so the community comes together for a healing walk through town.More >>
    The healing process continues in West and so the community comes together for a healing walk through town.More >>
  • LACY LAKEVIEW

    Call center evacuated after gun threat

    Call center evacuated after gun threat

    Friday, April 18 2014 8:11 PM EDT2014-04-19 00:11:04 GMT
    A call center was evacuated late Friday afternoon after a threat regarding a man with a gun . Employees at the General Dynamics Information Technology Center, which takes calls for Obamacare, were evacuated. The call center is located at Loop 340 a couple blocks west of Interstate 35.An email sent by supervisors said employees arriving for work were being sent home. Others already inside were locked down, and then later sent home. Police got a tip call that a disgruntled employee, who was mad...More >>
    A call center was evacuated late Friday afternoon after a threat regarding a man with a gun . Employees at the General Dynamics Information Technology Center, which takes calls for Obamacare, were evacuated. The call center is located at Loop 340 a couple blocks west of Interstate 35.An email sent by supervisors said employees arriving for work were being sent home. Others already inside were locked down, and then later sent home. Police got a tip call that a disgruntled employee, who was mad...More >>
  • MCLENNAN COUNTY

    Man identified in deadly rollover accident

    Man identified in deadly rollover accident

    A man has died from a rollover accident that occurred Friday afternoon on I-35.More >>
    A man has died from a rollover accident that occurred Friday afternoon on I-35.More >>
Powered by WorldNow

News Channel 25 KXXV-TV
P.O. Box 2522
Waco, TX 76702

Phone Numbers:
Main: 254-754-2525
Tip Line: 254-757-2525

Links
Contact Us
KXXV Employment Opportunites
FCC Filings
Advertise on KXXV

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KXXV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.