ADVERTISEMENT
  • About Us
  • Contact
  • Advertise
  • Privacy Policy
  • Terms and Conditions
Wednesday, July 6, 2022
No Result
View All Result
NEWSLETTER
Cayman Marl Road
  • Home
  • CMR Daily Buzz
  • Cayman’s Youth
  • Parliament
  • Live Show
  • COVID-19
  • Election 2021
  • Legal Notices
  • Entertainment
    • All
    • Events
    • Music
    Capella Music Festival returns to Cayman

    Capella Music Festival returns to Cayman

    ‘Summer Serenade’ to be held Friday

    ‘Summer Serenade’ to be held Friday

    Cayman approves banned artist

    Cayman approves banned artist

    Roy Bodden Symposium book launching Tuesday

    Roy Bodden Symposium book launching Tuesday

    Kirsty O’Sullivan wins National Playwriting Competition

    Kirsty O’Sullivan wins National Playwriting Competition

    Cayman Air Show returns for Queen’s Jubilee after 20-year break

    Cayman Air Show postponed due to bad weather

    Deputy Governor’s 5K Challenge Grand Cayman takes place Sunday

    Deputy Governor’s 5K Challenge Grand Cayman takes place Sunday

    Cayman Air Show returns for Queen’s Jubilee after 20-year break

    Cayman Air Show returns for Queen’s Jubilee after 20-year break

    Cayman Auto Show to donate 100 percent of fees to local charities

    Cayman Auto Show to donate 100 percent of fees to local charities

  • Lifestyle
    • All
    • Food
    • Health
    • Medical Experts
    12 new COVID positive travelers since Friday

    HSA to only do COVID testing for public health purposes

    Health City Cayman partners with OceanMed for Cayman’s first robotic surgery

    Health City Cayman partners with OceanMed for Cayman’s first robotic surgery

    Polio virus detected in London

    Polio virus detected in London

    United States bans Juul e-cigarettes

    United States bans Juul e-cigarettes

    Lack of full vaccine access for children explained

    FDA authorizes COVID vaccine for children as young as 6 months

    Health insurance assistance program ends 30 June

    Health insurance assistance program ends 30 June

    Cancer disappears in patients in experimental drug trial

    Cancer disappears in patients in experimental drug trial

    Epidemiologist joins Cayman team

    Epidemiologist joins Cayman team

    PAHO/WHO representative visits Cayman

    PAHO/WHO representative visits Cayman

    Migrants in isolation after cases of Chicken Pox emerge

    Migrants in isolation after cases of Chicken Pox emerge

    Trending Tags

  • Home
  • CMR Daily Buzz
  • Cayman’s Youth
  • Parliament
  • Live Show
  • COVID-19
  • Election 2021
  • Legal Notices
  • Entertainment
    • All
    • Events
    • Music
    Capella Music Festival returns to Cayman

    Capella Music Festival returns to Cayman

    ‘Summer Serenade’ to be held Friday

    ‘Summer Serenade’ to be held Friday

    Cayman approves banned artist

    Cayman approves banned artist

    Roy Bodden Symposium book launching Tuesday

    Roy Bodden Symposium book launching Tuesday

    Kirsty O’Sullivan wins National Playwriting Competition

    Kirsty O’Sullivan wins National Playwriting Competition

    Cayman Air Show returns for Queen’s Jubilee after 20-year break

    Cayman Air Show postponed due to bad weather

    Deputy Governor’s 5K Challenge Grand Cayman takes place Sunday

    Deputy Governor’s 5K Challenge Grand Cayman takes place Sunday

    Cayman Air Show returns for Queen’s Jubilee after 20-year break

    Cayman Air Show returns for Queen’s Jubilee after 20-year break

    Cayman Auto Show to donate 100 percent of fees to local charities

    Cayman Auto Show to donate 100 percent of fees to local charities

  • Lifestyle
    • All
    • Food
    • Health
    • Medical Experts
    12 new COVID positive travelers since Friday

    HSA to only do COVID testing for public health purposes

    Health City Cayman partners with OceanMed for Cayman’s first robotic surgery

    Health City Cayman partners with OceanMed for Cayman’s first robotic surgery

    Polio virus detected in London

    Polio virus detected in London

    United States bans Juul e-cigarettes

    United States bans Juul e-cigarettes

    Lack of full vaccine access for children explained

    FDA authorizes COVID vaccine for children as young as 6 months

    Health insurance assistance program ends 30 June

    Health insurance assistance program ends 30 June

    Cancer disappears in patients in experimental drug trial

    Cancer disappears in patients in experimental drug trial

    Epidemiologist joins Cayman team

    Epidemiologist joins Cayman team

    PAHO/WHO representative visits Cayman

    PAHO/WHO representative visits Cayman

    Migrants in isolation after cases of Chicken Pox emerge

    Migrants in isolation after cases of Chicken Pox emerge

    Trending Tags

No Result
View All Result
Cayman Marl Road
No Result
View All Result

Bank employee sentenced to two years for Fidelity Bank thefts

by CMR
May 21, 2021 - Updated on May 24, 2021
in Criminal
0
Bank employee sentenced to two years for Fidelity Bank thefts

Patrice Leanne Frederick

290
SHARES
Share on FacebookShare on TwitterShare on Whatsapp

(CMR) Patrice Leanne Frederick (35) was sentenced on Thursday, May 13 to two years imprisonment for three counts of theft and one count of transfer of criminal property valued at over KYD $92,608.33.

She was convicted of stealing over a two-year period when she worked at Fidelity Bank (Cayman) Limited after a whistleblower notified the regional office in the Bahamas on April 1, 2018.

The court heard how Frederick used three methods to take money from at least two client accounts starting in September 2015. She utilized internal wire transfers by means of fraudulent email instructions, prepared drafts written in the names of bank customers known to her which were later cashed and straight cash withdrawals from clients' accounts.

It was alleged she used the money to furnish a lavish lifestyle beyond her means.

Her schemes involved numerous friends and acquaintances that she told she was getting loans from individuals but was unable to place the bank drafts in her name because of rules at Fidelity. She reached out to eight of her friends via WhatsApp or text messages. They then unknowingly and with no benefit to themselves facilitated the theft by agreeing to have the drafts placed in their name and then cashing it and handing the money over to Frederick.

In at least one instance, she purported to have sent a fake emailed alleged from one of the victims to the bank providing instructions to transfer money.

The 23 transfers were recognized as being fraudulent once the bank carried out an internal audit and FCU was notified. She was arrested and two homes were searched including her mother's residence in Spotts. On August 28, 2020, she was formally charged and appeared in Summary Court on September 29, 2020.

There were over 23 statements taken by the Financial Crimes Unit (FCU) in preparation for their case. The victims included Odell Smith of FixIt Electronics and Ronald Blair of Infotech Incorporated.

Smith, now deceased, said he had been tricked by Frederick after she initially stole over $26,500 from him into telling the bank that he has authorized the transactions as a loan to her. She agreed to have per parents pay the “loan” back but that was not done.

Frederick was previously sentenced to 240 hours of community service in November 2014 after being convicted of careless driving for hitting a pedestrian while driving on the East-West Arterial Highway on January 6, 2011. The victim in that incident sustained life-threatening injuries including a cracked skull, fractured clavicle and scapula, fractured ribs and wrist, large laceration to the skull, forehead and left arm and significant road rash.

Join the CMR Community!

Join Cayman Marl Road on YouTube, Facebook or Instagram! for the latest discussions on all topical issues.

We welcome all viewpoints but ask for responsible commentary on our stories.

Have a tip for us? Email today!

 

Related posts:

Fuentes gunned down by one-time friend
George Town man charged with five offenses
Eve Highvoltage "shrewed and manipulative" jailed for 10 years
Witness: Police officer threatened her in father-son murder case
Share your vote!


No, thanks.
How do you feel after reading this?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid
Tags: Patrice Frederick
CMR

CMR

Related Posts

Fuentes gunned down by one-time friend

Fuentes gunned down by one-time friend

by CMR
July 4, 2022 - Updated on July 5, 2022
0

(CMR) 32-year-old Jovin Omar Fuentes (Berry) was gunned down on Friday evening shortly before 5:30 pm in a rental car by...

Randy McLean runs from family court

George Town man charged with five offenses

by Renae Stampp
June 23, 2022
0

(CMR) A 25-year-old man of George Town has been charged with five offenses after he was re-arrested on 17 June...

Eve Highvoltage and co-accused found guilty of Tortuga robbery

Eve Highvoltage “shrewed and manipulative” jailed for 10 years

by CMR
June 17, 2022 - Updated on June 23, 2022
0

"Robbery of a commercial establishment with intended physical harm done is a serious offense that warrants imprisonment" (CMR) Kasnique Austin Cupid...

Witness: Police officer threatened her in father-son murder case

Witness: Police officer threatened her in father-son murder case

by Renae Stampp
June 15, 2022
0

(CMR) A witness in the murder trial of Roger Deward Bush (47), who reportedly killed his son Shaquille Bush (24)...

Sexual predator pleads guilty to indecent activity near children

Habitual sexual predator sentenced to two years imprison

by CMR
June 9, 2022
0

(CMR) Ronnie Rodney Ebanks (53), a West Bay serial sexual predator was sentenced to two years imprisonment on Wednesday when...

Man sentenced to three year imprisonment for indecent assault on 8-year-old

Man sentenced to three year imprisonment for indecent assault on 8-year-old

by Renae Stampp
May 30, 2022 - Updated on May 31, 2022
0

(CMR) DeAnthony Russell (24) was sentenced on Thursday to three years in jail for indecent assault after a jury found...

Next Post
Jamaican two time Olympian Neville Myton dies at 74

Jamaican two time Olympian Neville Myton dies at 74

Recent News

Police seek public’s help to find missing man

Police seek public’s help to find missing man

July 6, 2022
Bill tabled in UK  to legalize same-sex marriage in Overseas Territories

Bill tabled in UK to legalize same-sex marriage in Overseas Territories

July 6, 2022
Fourth water-related death since April

Fourth water-related death since April

July 6, 2022
Cases of monkeypox being investigated in Europe, US and Canada

Monkeypox confirmed in Jamaica

July 6, 2022
Licensed firearm stolen in North Side burglary

Licensed firearm stolen in North Side burglary

July 6, 2022
Eyewitnesses sought in North Side indecent assault

Man breaks into condo and assaults child as she sleeps

July 6, 2022
  • About Us
  • Contact
  • Advertise
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 CMR Cayman's Premier News Source - All Rights Reserved

No Result
View All Result
  • Home
  • CMR Daily Buzz
  • Events
  • Election 2021
  • Cayman’s Youth
  • Legal Notices
  • Live Show
  • The Cold Hard Truth
  • Ask The Marl Road
    • Consumer Protection
    • COVID-19
    • What would you do?
  • Breaking News
  • Government
    • Road Closures
  • Rumor Has It
  • Investigative Reports
  • Business
    • Finance
  • Cayman Crime Watch
  • Celebration of Life
  • Community Notices/Events
    • Accidents
    • Police
    • Weather
  • Court Cases
    • Civil
    • Criminal
  • Entertainment
    • Events
    • Music
  • Family
    • Education
    • Fury Friends
  • Lifestyle
    • Food
    • Health
    • Medical Experts
  • News Roundup
  • Opinions
    • Polls
    • Cartoons
  • Politics
    • Parliament
  • Regional News
  • Social Media Happenings
    • Jackass of the Day!
    • Lost & Found
  • World News
  • Cayman Small Business
  • Cayman Wellness
  • Tech News
  • Sports
  • Science
  • Weird & Unusual News
  • Advertorials

Copyright © 2022 CMR Cayman's Premier News Source - All Rights Reserved