A bank manager from Greece has been arrested on federal charges she assisted a decade-long Ponzi scheme.
Federal prosecutors say Derline Cunningham repeatedly lied to another bank about the creditworthiness of the schemers, the operators of a business entity called Lucian Development.
The access to the credit allowed the Ponzi scheme to continue for several years and cost the victim bank nearly $336,000.
Cunningham is charged with bank fraud and conspiracy. Some of the operators of Lucian have pleaded guilty to fraud charges.