A former loan officer from Nevada City has been sentenced to prison for defrauding a local bank.
U.S. District Judge Lawrence K. Karlton sentenced Melvin Rohs, 65, to 33 months in prison to be followed by five years of supervised release, according to a federal Department of Justice news release. Rohs also was ordered to pay $533,976 in restitution.
On Dec. 14, Rohs pleaded guilty to three counts of theft, embezzlement or misapplication of a bank officer or employee, and two counts of making a false statement in connection with a loan application or renewal.
According to court documents, Rohs was a senior loan officer at a regional bank headquartered in Nevada City until he was terminated in May 2009. In December 2008, February 2009 and March 2009, he initiated three unauthorized fund transfers between bank customers totaling more than $472,000.
Also, according to court documents, in September 2008 and April 2009, Rohs falsified loan documents by making materially false statements concerning the credit worthiness of a bank customer and by making an unauthorized increase to a loan approved by the bank.
Officials said the loss associated with Roh's criminal conduct exceeds $2.1 million.
The case resulted from an investigation by IRS-Criminal Investigation. Assistant U.S. Attorney Camil A. Skipper prosecuted the case.
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