Eva Barroso, 54, Broken Arrow, Oklahoma, a former manager of a credit union was sentenced to serve 27 months for each count of bank fraud and tax evasion for fabricating at least three false loans in the name of nominee entities and individuals without the knowledge and authorization of the purported borrower
The defendant was sentenced to serve 27 months in federal prison by U.S. District Judge Chief Judge Gregory K Frizzell for one count each of bank fraud and tax evasion. At the time of the scheme,
Barroso worked as a commercial services manager for Oklahoma Central Credit Union (OCCU) where her duties included marketing and servicing commercial loans. The Court entered a criminal forfeiture money judgment against the defendant in the amount of $238,177.42 representing proceeds obtained as a result of his bank fraud scheme. Barroso was also ordered to make restitution in the amount of $238,177.42 to OCCU and $57,360.50 to the Internal Revenue Service.
According to court documents, from July 2, 2009 to March 19, 2012, as part of the scheme, Barroso fabricated at least three false loans in the name of nominee entities and individuals without the knowledge and authorization of the purported borrower. Barroso admitted that she made various material false representations in obtaining these loans. She used the proceeds of these loans for her own personal benefit, including making ATM withdrawals at various casinos. To further the scheme, Barroso used some of the money to make payments on prior loans.
In addition, during the 2010 calendar year, Barroso willfully evaded a large part of income tax by failing to report to the Internal Revenue Service a total of $152,098.13 which was the money she fraudulently obtained from the scheme.
U.S. Attorney Danny C. Williams Sr. for the Northern District of Oklahoma and Special Agent in Charge R. Damon Rowe of the Dallas field office for the Internal Revenue Service Criminal Investigation.
The case was investigated by the Federal Bureau of Investigation and Internal Revenue Service Criminal Investigation and was prosecuted by Assistant United States Attorney Jeffrey Gallant and Catherine Depew on behalf of the United States.