Clanton woman charged with bank fraud

Published 8:43 pm Monday, December 10, 2012

A Clanton woman has been charged with bank fraud in the theft of more than $900,000 from an employer, according to court documents.

Lisa Owers Cochran was charged Nov. 30 by the U.S. Attorneys Office in U.S. District Court in Birmingham.

The charge claims that Cochran, while employed by Armstrong Transfer and Storage Co. Inc., wrote company checks made payable to herself from bank accounts held by Armstrong at Compass Bank, Colonial Bank and Regions Bank.

Also, the charge claims Cochran forged checks made payable to various third parties for personal expenses of the defendant, forged signatures of other Armstrong employees, caused debits to be made from the accounts and made false entries into Armstrong’s records to conceal her theft.

The fraud was said to have taken place from December 2005 until April 2012.

Armstrong is a national relocation business with a branch in Birmingham, where Cochran was employed.

According to the court document, the U.S. Attorneys office is seeking $900,046.94 from Cochran.

The charge is signed by Joyce White Vance, United States Attorney, and Henry Cornelius, Assistant United States Attorney.

Federal Public Defender Kevin Butler, whose office has been appointed to represent Cochran, did not return telephone calls seeking comment.