Two people have pleaded guilty for their involvement in an embezzlement scheme involving AuburnBank in Notasulga, Alabama, according to Louis V. Franklin Sr., U.S Attorney for the Middle District of Alabama.

Randi Lynn Carleton, 39, of Dadeville pleaded guilty Tuesday to embezzling bank funds, and Leslie Fountain, 34, of Notasulga, entered a guilty plea on July 11 to the same charge. Both worked at the Notasulga branch; Carleton was branch manager and Fountain was assistant branch manager.

"It is an unfortunate situation," said Bob Dumas, president and CEO of AuburnBank. "Both individuals were longtime employees of the bank. Our internal security controls detected unusual transactions, and we immediately notified law enforcement and cooperated throughout their investigation. The funds missing were bank funds, and almost all of those funds have been recovered."

The scheme started with check kiting, or floating checks, and progressed over time to embezzling cash. In September, AuburnBank conducted an audit on its Notasulga branch and became aware of the fraudulent activity. Court records indicate the defendants jointly embezzled about $379,250 in cash.

The defendants each face a maximum sentence of 30 years as well as fines and restitution for the amount stolen. There is no parole in the federal system.They will be sentenced in the next few months.

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