Get Connected
  • facebook
  • twitter
  • Sign In
  • Classifieds
  • Sections
Print

Local Chase bank exec charged with embezzlement

By Staff reports

CHARLESTON, W.Va. -- A vice president of Charleston's J.P. Morgan Chase bank faces federal embezzlement charges for reportedly stealing nearly $60,000 from the branch in 2011.

U.S. Attorney Booth Goodwin filed an information Monday charging Mark A. McCoy, 46, with embezzlement. McCoy was vice president of private client banking services in Charleston from September 2008 to June 2012, according to a news release from Goodwin's office.

The two-page information alleges that McCoy stole $59,900 from the bank in January 2011.

An information is a court document that generally indicates a defendant is willing to cooperate with the government. Federal prosecutors have asked a judge to schedule a guilty-plea hearing.

McCoy faces up to 30 years in prison and a fine of $1 million. The investigation was conducted by the U.S. Secret Service.

Local J.P Morgan Chase officials did not return a call seeking comment Tuesday.


Print

User Comments