Oregon Bank Manager Accused of Embezzling $1.9 Million From Employer Could Face 30 Years
A former Coos Bay bank manager appeared in the Eugene U.S. District Court yesterday for embezzling $1.9 million from her employers.
Forty-four-year-old Heather Lynn Casas pleaded not guilty after she was indicted by a federal grand jury. She was arraigned and ordered released until her jury trial, scheduled to begin on August 24.
Tidings Insight
An indictment is only an accusation. The defendant is presumed innocent unless prosecutors prove the charge in court, so the case is still at the allegation stage.
According to court documents, Casas embezzled the $1.9 million from the Coos Bay bank between August and December 2024.
If convicted, she could face up to 30 years in federal prison, a $1 million fine, and five years of supervised release.
Tidings Insight
This charge targets bank insiders, not outside robbers. Federal law covers employees, officers and others connected to protected financial institutions.
The case is under investigation by the FBI and is prosecuted by U.S. Attorney Joseph Huynh.