A former bank manager in Louisiana is facing serious charges after admitting to stealing over $250,000 from customers to fund his own lifestyle.
From Bank Manager to Criminal
Eric Jason Schouest, 53, was a manager at a Regions Bank branch in Plaquemine, Louisiana. He used his position of trust to access customer accounts, move money around, and even open and close accounts without their knowledge. He then used the stolen money to pay off his own house and car loans.
How He Got Caught
Schouest’s scheme lasted for over a year, from 2020 to 2021. He tried to cover his tracks by sending fake emails and forging documents. However, investigators eventually uncovered his actions.
Facing the Consequences
Schouest has pleaded guilty to embezzlement and bank fraud. He could face up to 30 years in prison for each charge, along with a $1 million fine.
This case serves as a reminder that even those in positions of trust can abuse their power. It’s important to be aware of your financial accounts and report any suspicious activity to your bank immediately.