Hazard woman charged with bank deposit crime

HAZARD, Ky.(WYMT)- A Hazard woman has been indicted on federal charges.

Lois Elaine Smith was charged with illegally structuring deposits of more than four million dollars into the People's Bank and Trust Company.

A federal indictment says this happened between February of 2008 and June of 2010 in Perry county.

Smith could face five years in prison and a $250,000 fine if convicted.

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