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Former Regions employee indicted for embezzlement

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An Athens woman was indicted Monday in the United States District Court on charges embezzling money from Birmingham's Regions Bank and aggravated identity theft.

Carol Creel, who worked at a Regions Bank location in Florence, allegedly purloined at least $116,815 from the bank and used the identity of another person in connection with the embezzlement, according to public documents.

The case, which was investigated by the Federal Bureau of Investigation, alleged that the criminal act occurred between April 2005 and July 2006.

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If convicted, Creel faces a maximum penalty of no more than 30 years in prison and a $1 million fine. An aggravated identity theft conviction could carry a mandatory minimum sentence of two years in prison and a maximum fine of $250,000.


© 2008 American City Business Journals, Inc. All rights reserved.

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