Webster Man Pleads Guilty to Bank Fraud

Federal prosecutors say a former Webster man has pleaded guilty to Bank Fraud in U.S. District Court in Rochester.

James Walton worked in the finance department of a local real estate business that owned and operated numerous rental properties in Rochester. He was responsible for processing security deposits and refunds for tenants, but embezzled the money for his own use between 2011 and 2-14. He stole close to $54,000 before he was caught.

Walton will be sentenced on December 6th.


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