Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Wednesday, April 23, 2025

View Back issues

Sterling Bank VP Gets 1½ Years

HOUSTON (CN) – A former senior vice president at Sterling Bank was sentenced to 1 1/2 years in federal prison for stealing from customer accounts.      Kim Arnold, 57, of Tomball, northwest of Houston, also was ordered to pay restitution of $141,430 to the bank.     Sterling was purchased last year by Dallas-based Comerica.     Arnold stole the money from October 2007 until December 2008, prosecutors said.     She admitted to an FDIC investigator that she made at least 47 unauthorized withdrawals from customer accounts, the U.S. Attorney’s Office.     Arnold, who is free on bond, will surrender to a yet-to-be-determined federal prison.

Categories / Uncategorized

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.

Loading...