New details on the Ardmore man accused of bank fraud

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ARDMORE, OK -- New details released today in the case of an Ardmore man indicted for bank fraud and misappropriating money.

The FBI says their investigation indicates 48 year old, Richard Geurin, embezzled several thousands of dollars from the ardmore branch of the First Bank and Trust of Oklahoma in Duncan.
Assistant United States Attorney, Rob Wallace, says Geurin withdrew over $100,000 cash from at least four customers' bank accounts during the three years he worked there.
Geurin is also accused of creating false statements and transaction documents.
Wallace says Geurin should appear in federal court in Muskogee within the next few days.

"We're anticipating Mr. Geurin being in court next week for an arraignment on the indictment and it's likely that we'll have a trial date sometime in October," said Wallace.

Wallace says, if convicted, Geurin could face up to 30 years in prison for each count and a fine of up to one million dollars.
The First Bank and Trust office in Ardmore where Guerin worked had no comment.

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