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Monday, December 26, 2011

Ex-Md. Bank Executive Accused Of Mail Fraud

BALTIMORE (AP) -- A former Baltimore banking executive is facing federal mail fraud charges.

Prosecutors accuse Rosamaria T. Somarriba, a former assistant vice president for M&T Bank, of using fraudulently obtained funds to pay American Express bills and her taxes. She's accused of defrauding a federal export credit agency and an international corporation, taking more than $223,000 between 2006 and 2011.

The Baltimore Sun reports that Somarriba started with the bank in 1985 and was fired this year. She worked in the bank's international trade finance division.

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