BALTIMORE (AP) — Federal prosecutors say a former trust officer at PNC Bank has been sentenced to 27 month in prison for embezzling more than $313,000 from accounts.

Fifty-five-year-old Tommy L. Phillips of Frederick was also ordered to pay restitution at Friday’s sentencing.

Prosecutors say Phillips rerouted funds from bank clearing accounts into his personal accounts. Authorities say he used the money to pay off debts and buy jewelry for his wife.

(Copyright 2012 by The Associated Press. All Rights Reserved.)


Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Baltimore

Track Weather On The Go With Our App!
CBS All Access

Watch & Listen LIVE