Article: FORMER BANK EMPLOYEE SENTENCED TO 76 MONTHS IN PRISON FOR SCHEME TO STEAL $2.5 MILLION FROM BANK CUSTOMERS

NEWARK, N.J., Nov. 4 -- The U.S. Department of Justice's Federal Bureau of Investigation Newark Field Office issued the following press release:

A Clark man was sentenced today to 76 months in federal prison for his scheme to defraud customers of two banks where he had been employed of more than $2.5 million, U.S. Attorney Paul J. Fishman announced.

After imposing the sentence, U.S. District Judge Peter G. Sheridan revoked bail for Carlos Pinho and ordered him detained immediately to begin serving the sentence. A hearing to determine the amount of restitution Pinho will have to pay to his victims was scheduled for Dec. 15. Judge Sheridan also ordered Pinho to serve four years of supervised ...

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