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Deborah Gayle Wood, 56, currently a resident of Grove, Okla., was sentenced Tuesday to eight months in prison followed by five years of supervised release for her bank fraud conviction.
Wood also was ordered to pay $4,390.93 in restitution and a $10,000.00 fine.
Wood pled guilty in Dec. 2011 to a felony charge of bank fraud. In her plea agreement, Wood admitted that, from 2004 to 2005, while she was employed as a trust officer by the Los Alamos National Bank, she defrauded the bank on numerous occasions by obtaining reimbursement for personal expenditures that she falsely represented as expenditures made on behalf of a bank trust account client.
Wood also admitted using a bank credit card issued in the client’s name on numerous occasions to make personal purchases that she falsely represented as expenses made on behalf of the client.
Court filings reflect that, between 2003 and 2006, Wood was the trust officer for the trust account of an elderly client suffering from Alzheimer’s disease. As trust officer, Wood’s responsibilities included making sure that the client’s living expenses were provided for and that her bills were paid in a timely manner.
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