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Embezzlement charges for Cameron Park man

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From page A1 | May 01, 2013 | 1 Comment

A Cameron Park man was arraigned in federal court Monday after allegedly embezzling money from his employer — a bank.

Ethan George Banaszak, 34, pleaded not guilty to charges of embezzlement and was released on $75,000 bail, announced U.S. Attorney Benjamin B. Wagner. Banaszak is scheduled to appear on May 17 for a status conference before U.S. Judge Garland E. Burrell Jr.

A federal Grand Jury returned an eight-count indictment charging the man with embezzling from his employer, a federally-insured bank. He allegedly made more that $660,000 in unauthorized withdrawals from bank customers’ accounts and took $16,000 in cash from the bank vault.

Assistant U.S. Attorney Lee S. Bickley will prosecute the case, which was investigated by the FBI. Banaszak faces 30 years in prison and a $1 million fine should he be found guilty.

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Discussion | 1 comment

  • Dont Like itMay 01, 2013 - 8:54 pm

    Great thats my bank El Dorado Savings. He just disapeared one day they said he no longer works here. Im wondering if my accounts were lifted. Lovely for everyone im sure.

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