Erin Conrad – Edward Jones Header
cypress basin hospice
Hess Lawn Mower Header
ETB Advertising Banner Header Terrie 1
Texas Heritage National Bank Header Cookoff Sep 2022
ETB Advertising Banner Header Terrie 2
Young Title Company Header
Momentum Can-Am In Stock Header

North Texas Woman Sentenced To Federal Prison For Theft Of Nearly $1-Million From Jewish Federation

A 64-year-old Saginaw woman has been sentenced to federal prison for bank fraud. Laurie Ann Reese pleaded guilty on July 18, 2018, to bank fraud and was sentenced to 36 months in federal prison by U.S. District Judge Terry R. Means on Mar. 26, 2019. Reese was also ordered to pay restitution in the amount of $992,854.02.

According to information presented in court, between Jan. 6, 2013, and April 19, 2018, Reese, while a controller for the Jewish Federation of Fort Worth and Tarrant County (JFFWTC), devised and executed a scheme to make approximately 326 checks payable to herself from the JFFWTC bank accounts. Reese spent hundreds of thousands of dollars on the Home Shopping Network and QVC.

This case was investigated by the Federal Bureau of Investigation and prosecuted by Eastern District of Texas Assistant U.S. Attorney Christopher A. Eason.