Former Moroccan Bank Employee Sentenced for $300,000 Embezzlement Scheme

The funds were diverted from the bank to the accused’s account, who in addition to the three years of actual imprisonment, was also sentenced to pay a fine of 30,000 dirhams and to repay Al Barid Bank the embezzled amount of 3,082,076 DH, reports Aujourd’hui le Maroc.

It was the bank that filed a complaint against its employee after discovering the embezzlement. Arrested, he was prosecuted, in custody for "embezzlement of public funds, falsification of bank documents and use of forgeries."