By rdnewsNOW staff

Former ATB employee charged with fraud, money laundering

Jun 12, 2018 | 9:01 AM

RED DEER- A Red Deer woman is facing charges of fraud, theft and money laundering after an intensive investigation by the Red Deer RCMP fraud section.

Police allege 38-year-old Sarah Miles Brouilette stole just over $1,000,000 while she was employed at ATB Financial in Sylvan Lake.

Sylvan Lake RCMP began their investigation in August of 2017 after receiving a report from ATB alleging that an employee had forged a customer’s signature and obtained a loan in their name.

Due to the complexity of the investigation, the Red Deer RCMP fraud unit took over the file and worked closely with ATB Corporate Investigations to trace a series of fraudulent transactions.

The investigation has uncovered numerous loans obtained by using the personal information of clients and other people known to the suspect for a total amount of $1,148,020.

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The employee was terminated from her position as a loan officer with ATB as soon as the allegations surfaced.

RCMP commend ATB for its commitment to assisting police throughout the investigation, and for the immediate steps taken to protect their clients’ security and finances.

All alleged victims have been contacted and RCMP have been assured that none of them faced a financial loss.

Brouilette faces charges of theft over $5,000, fraud over $5,000, two counts of possession of property obtained by crime over $5,000, and two counts of laundering the proceeds of crime.

Brouilette is scheduled to appear in Red Deer Provincial Court on July 17.