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Former Wachovia Bank vice president sentenced in $640,000 embezzlement

Francis Myers, a former bank vice president at Wachovia Bank, was recently sentenced to three to six years in prison after pleading guilty to embezzling more than $640,000 from the accounts of four elderly customers.

Prosecutors said Myers made more than 200 unauthorized transfers and withdrawals from 18 accounts owned by the four customers between April 2001 and August of last year.  The money was used to pay for weddings, college tuition, and a Michigan vacation home, and to finance a failing Philadelphia business and a loan for a mobile home.

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