Ex-bank employee credits account with $1.7M; spends more than $14,000

By Judy Harrison, BDN Staff
Posted Nov. 01, 2012, at 9:29 p.m.

PORTLAND, Maine — A former TD Bank employee who investigators say credited her account with nearly $1.7 million, then, withdrew more than $14,000 made her first court appearance Thursday in U.S. District Court.

Tasha M. Hilts, 28, of Auburn is charged with bank theft.

She was arrested Wednesday by U.S. marshals.

Hilts was released Thursday on $5,000 unsecured bond.

Her next court date has not been set.

Hilts used the money to shop for furnishings for a new apartment and new clothing, according to the complaint.

Hilts was hired in January 2009 to work in its Auburn call center, the complaint said. Between Aug. 13 and Sept. 2, 2010, Hilts allegedly posted $1,670,550 of provisional credit to her TD Bank checking account and $9,505 to her TD Bank savings account.

“Provisional credit is a temporary credit which may be applied to a customer’s account in situations in which a transaction is being disputed,” the complaint said. “Upon completion of the research, a provisional credit may be removed or made permanent, depending upon the outcome of the investigation. Unless research justified their retention, provisional credits are dropped from each account at the end of each day.”

The bank calculated its loss at $14,535, according to the complaint.

If convicted, Hilts faces up to 30 years in prison and a fine of up to $1 million. She also could be ordered to pay restitution.

http://bangordailynews.com/2012/11/01/news/portland/ex-bank-employee-credits-account-with-1-7m-spends-more-than-14000/ printed on August 27, 2014