Former Bank Executive Gets 16 Months For Embezzling

LEXINGTON, Ky. (AP) - A former executive at Fifth Third Bank has been sentenced to 16 months in prison after pleading guilty to federal embezzlement charges.

Cynthia Kay Wright, a former bank vice president from Lexington, was sentenced Friday and ordered to pay the bank back $182,414.

Judge Jennifer B. Coffman also ordered her to pay $500 immediately.

Wright pleaded guilty in April to altering the bank's books to write and cash checks to pay her online gambling debts. The crime was uncovered as part of an internal review.

Wright said she was sorry and told the court she has been attending two Gamblers Anonymous meetings per week and hasn't bet in more than seven months.

Coffman approved Wright's motion for a reduced sentence. Wright was facing to up to 30 years, although prosecutors recommended she receive between 21 and 27 months.

"Obviously this has been extremely difficult for my husband and family, and I regret the shame my actions have caused for them," Wright told the court. "I cannot take away what I did. I cannot run or hide from it."

--- Information from: Lexington Herald-Leader,

(Copyright 2007 by The Associated Press. All Rights Reserved.)

You must be logged in to post comments.

Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by whitebass Location: richmond on Jul 29, 2007 at 01:31 PM
    What a joke! Steal $182,000. Get caught and pay back the money and get 16 months in a country club federal prison! A person could forge a ten dollar check and get 1-5 years in a state prison for forgery. I guess the old saying of money talks and bulls-- walks holds true if you're high enough on the food chain.


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 8783447 -
Gray Television, Inc.