Former Hebron Savings Bank VP Sentenced For Embezzlement - WMDT 47 News - Delmarva's Choice

Former Hebron Savings Bank VP Sentenced For Embezzlement

Posted: Updated:

BALTIMORE, Md. - The Vice President of Hebron Savings Bank will spend 18 in prison for fraud.

56-year-old Wanda Henderson of Westover was in court after taking a plea deal for embezzlement.

Prosecutors say Henderson created fraudulent loan applications and credit accounts in her name and in the names of multiple family members, dating back to 2005. She forged the signatures of various bank officials, including the President, as the approving loan officer on the fake applications. 

Over the course of 6 years, Henderson obtained 20 fraudulent loans for herself or for members of her family by forging signatures and manipulating bank records.  The total unpaid principal balance on the fraudulent loans is $682,236.77 and of that amount, over $456,000 has gone into default.

Along with jail time the judge also ordered 5 years of supervised release and a restitution fee of $456,665.00.

 

  • Most Popular StoriesMost Popular Stories

  • Friday, May 17 2013 10:44 PM EDT2013-05-18 02:44:42 GMT
    SALISBURY, Md. - At approximately 4:30 p.m. today, an accident on northbound Rt. 13, just south of Delmar, shut down the road for about a half hour. Delmar police tell us two motorcycles and three cars
    SALISBURY, Md. - At approximately 4:30 p.m. today, an accident on northbound Rt. 13, just south of Delmar, shut down the road for about a half hour.

  • Friday, May 17 2013 9:56 PM EDT2013-05-18 01:56:27 GMT
    DOVER, Del. (AP) - A woman who lived with a Delaware pediatrician accused of waterboarding her 11-year-old daughter has agreed to plead guilty to child endangerment charges and testify against him.    A
    DOVER, Del. (AP) - A woman who lived with a Delaware pediatrician accused of waterboarding her 11-year-old daughter has agreed to plead guilty to child endangerment charges and testify against him.

  • Friday, May 17 2013 4:33 PM EDT2013-05-17 20:33:54 GMT
    SALISBURY, Md. - We have new information about an accident that took place ON Friday, on South Salisbury Boulevard near the Chipotle.
    SALISBURY, Md. - We have new information about an accident that took place ON Friday, on South Salisbury Boulevard near the Chipotle.
    •   

  • Contests

  • This week's Friday Freebie is a spa package, from Made Ya Look Salon and Day Spa in Rehoboth Beach. Valued at $150.
    This week's Friday Freebie is a spa package, from Made Ya Look Salon and Day Spa in Rehoboth Beach. Valued at $150.

  • Feeling the pain at the pump? We can help! Watch WMDT 47 News at 6 for our Spring Gas Giveaway. WMDT and Gordy Tiger Mart want to give away 30 $100 Exxon Mobil gas cards starting April 25, 2013. Register
    Register to win a $100 gas card!

  • The WMDT/Mountaire Better Delmarva Award is a monthly honor designed to highlight local individuals, businesses, civic organizations or classrooms who are going above and beyond in their effort to assist others in the community or to improve and protect the local environment.  Each month a winner is chosen by a Mountaire selection committee from submitted nominations.
    •   
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2013 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.