Former Bank Worker Gets 1 Year for Fraud
A woman who stole more than $600,000 from clients while employed at a Bank of America branch in North Hollywood has been sentenced to a year in prison and ordered to pay $347,000 in restitution.
Phyllis R. Isenberg, 64, who pleaded guilty last November to two felony counts of bank fraud, was also placed on five years’ probation and ordered to perform 5,000 hours of community service by U. S. District Court Judge William B. Shubb.
Isenberg, a longtime bank employee, committed the fraud over a seven-year period, according to Assistant U.S. Atty. Anita H. Dymant.
She would issue phony receipts to customers who thought they were opening certificates of deposit and keep the money herself, the prosecutor said.
The fraud was discovered after discrepancies appeared on the customers’ income tax documents, Dymant said.
Isenberg was sentenced Wednesday in Sacramento. She resides in Janesville in Northern California.
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