Former Charleston Chase Banking Executive Charged with Embezzlement

Tuesday, February 5, 2013 - 19:24 Updated 14 weeks ago From a Release by U.S. Attorney's Office for Southern District of WV

CHARLESTON, W.Va. – United States Attorney Booth Goodwin charged a former Charleston-based Chase Bank executive yesterday with embezzlement by a bank employee. According to a court document filed on Feb. 4, Mark McCoy, 46, of Charleston, W.Va., was charged with embezzling thousands of dollars from Chase Bank.

McCoy was employed as the vice president of private client banking services at the bank’s Charleston branch from September 2008 until June 2012. According to an information filed yesterday, during his employment at Chase Bank, McCoy embezzled thousands of dollars of funds belonging to Chase Bank.

McCoy faces up to 30 years in prison and a fine of up to $1 million.

The investigation was conducted by the U.S. Secret Service. Assistant United States Attorney Meredith George Thomas is in charge of the prosecution.