December 9, 2023


Business Woman

Miami woman sentenced in $1.2 million check-kiting scheme | KSNF/KODE

1 min read

TULSA, Okla. – A Miami woman was sentenced Thursday to 5 months in federal prison for collaborating in a $1.2 million test-kiting scheme.  

Angela Gayle Asbell, 61, was also sentenced to 5 months of residence detention and a few a long time of supervised release, in accordance to a assertion launched by U.S. Lawyer Clint Johnson.

Asbell was a cashier and branch manager at To start with State Lender in Commerce.

She also taken care of books and information for John Linthicum’s cattle company.

John Theodore Linthicum, 53, of Welch, Douglas Todd Mayfield, 53, of Joplin, and Asbell had been all indicted in the check out-kiting scheme and pleaded guilty to conspiracy to dedicate bank fraud.

From October 2016 to January 2017, Asbell knowingly and improperly licensed instant credit rating for the bogus checks and fraudulently approved Linthicum to wire money and get cashier’s checks with the fictitious credit history balances in his account even although she realized the dollars was not there.

The bank lost about $1.2 million.

Linthicum would have Mayfield generate “hot” checks that Linthicum deposited into his bank account. Mayfield presented quite a few insufficiently funded checks from his accounts at a further lender.

The checks generally ranged involving $100,000 and $375,000.

Linthicum was sentenced on Jan. 25 to 27 months in federal prison followed by five yrs of supervised release. Mayfield was sentenced to 6 months of property detention adopted by three many years of supervised release.

All 3 defendants are essential to pay back restitution, court docket data display. | Newsphere by AF themes.