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A Cameron Park Man has been charged with Bank Embezzlement. United States Attorney Benjamin B. Wagner announced Ethan George Banaszak, age 34, of Cameron Park, was arraigned Tuesday on charges of bank embezzlement,. Banaszak pleaded not guilty to the charges; he was released on a $75,000 bond. He is scheduled to appear before U.S. District Judge Garland E. Burrell, Jr. for a status conference on May 17, 2013.
On Thursday, April 25, 2013, a federal grand jury returned an eight-count indictment charging Ban-a-zak with embezzling thousands of dollars from his employer, a federally insured bank. According to court records, Banaszak made more than $660,000 in unauthorized withdrawals from bank customers’ accounts and took $16,000 cash from the bank’s vault.
If convicted, Banaszak faces a maximum statutory penalty of 30 years in prison and a $1 million fine.