A former senior vice president at a Green Bay, Wisconsin bank has admitted to a six-year fraud scheme that cost her employer $411,923.
Fake Expenses, Real Prison Time
Amy Jo Reid, who served as the bank’s director of purchasing, used company credit cards (p-cards) meant for business expenses to pay for personal items. This included flights, hotels, rental cars for herself and family, property taxes, flood repairs, gambling trips, and Amazon purchases. To cover her tracks, she either altered receipts to make them look work-related or simply lied about the expenses.
The Scheme Unravels
Reid’s fraudulent activity spanned from May 2018 to May 2024. She has pleaded guilty to three fraud charges and will have to repay the full $411,923. Each charge carries a potential sentence of up to 30 years in prison and a $1 million fine.
