Former Childersburg City councilwoman sentenced - ABC 33/40 - Birmingham News, Weather, Sports

Former Childersburg City councilwoman sentenced

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A federal judge has sentenced a former Childersburg city councilwoman to nearly three years in prison for bank fraud and money laundering.

61-year-old Bonny Jean Carter pleaded guilty in December to one count of bank fraud and money laundering. A judge sentenced her to two yeas and nine months in prison and ordered her to pay $37,200 to SouthFirst Bank and $949,287 to its insurance company, Zurich Financial and Security. The U.S. Attorney, Joyce Vance, says Carter used her position to steal nearly $1 million dollars from the bank over 10 years. Carter worked as an account clerk at the Sylacauga branch of SouthFirst Bank. In that position, between June 2004 and March 2013, she embezzled from the bank by converting money to personal savings accounts. Carter recorded journal entries to transfer money from various Southfirst Bank general ledger accounts into personal accounts held in her daughter's name. She also skimmed amounts from checks made payable to SouthFirst Bank by depositing the funds into those personal accounts. Also, Carter issued debit transactions from SouthFirst Bank's operating expense account to pay personal debts she owed.

Carter is expected to report to prison on May 13th.

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