published Wednesday, February 16th, 2011

Chattanooga man sentenced to five years for stealing bank’s money

A 37-year-old Chattanooga man to five years in prison and ordered him to pay back $75,000 for a bank fraud scheme.

Shaun Kidd pleaded guilty in September but was sentenced Tuesday in U.S. District Court by Judge Harry Mattice for persuading a SunTrust bank teller to let Kidd withdraw money from other customers’ accounts on several occasions, according to a U.S. Attorney’s Office release.

In one incident, the teller helped move $40,000 into Kidd’s PayPal account.

“The Department of Justice is emphasizing the prosecution of financial fraud,” said U.S. Attorney Bill Killian in the release.

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