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FORMER BANK MANAGER SENTENCED FOR EMBEZZLEMENT

 BOSTON, Feb. 18 /PRNewswire/ -- The former manager of the Flint Branch of the Durfee-Attleboro Bank in Fall River, now known as the South Shore Bank, was sentenced to a prison term late yesterday for embezzling over $300,000 from the bank.
 U.S. Attorney A. John Pappalardo announced today that Frank J. Rodrigues, 45, of 21 De Costa Dr., Tiverton, R.I., was sentenced late yesterday by U.S. District Court Judge Douglas P. Woodlock to a non- parolable 21 month prison term for embezzling over $300,000 between April 1986 and July 1992 while acting as manager of Durfee-Attleboro's Flint Branch in Fall River. Rodrigues acted as manager of the Flint Branch from December 1978 until his dismissal on July 28, 1992, just days after information of embezzlement by Rodrigues was brought to the attention of bank officials. In addition to the prison term, Judge Woodlock imposed on Rodrigues a five year term of supervised release, to commence upon Rodrigues' release from prison; ordered Rodrigues to pay $150,000 in restitution to the bank; and imposed a special assessement of $1,050.
 At Rodrigues' plea hearing before Judge Woodlock on Dec. 2, 1992, a federal prosecutor told Judge Woodlock that Rodrigues used three different means to embezzle from the bank and its customers. First, Rodrigues took cash from customers wishing to purchase certificates of deposit and then gave those customers documents purporting to reflect ownership of valid certificates. Instead of funding the certificates, however, Rodrigues kept the money given to him by the customers. Second, Rodrigues completed paperwork showing loans to customers of the bank who had not applied for loans. He then took from the bank the principal amounts of those loans without the knowledge of the bank or the customers, thereafter making only interest payments on the loans and extending the loans as they came due. Third and finally, Rodrigues withdrew cash from customers' checking and savings accounts and hid the fact that he had done so from he bank and the customers.
 The case against Rodrigues was investigated by Special Agents of the Federal Bureau of Investigation based in Providence, R.I., and was prosecuted by Assistant U.S. Attorney Brien T. O'Connor.
 -0- 2/18/93
 /CONTACT: Press Officer in U.S. Attorney's Office, 617-223-9445/


DD -- NE015 -- 8150 02/18/93 17:38 EST
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Date:Feb 18, 1993
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