EUGENE, Ore.—A federal grand jury in Eugene has returned an indictment charging a Coos Bay woman in connection with an alleged multimillion-dollar embezzlement scheme while she worked as a bank manager.
Heather Lynn Casas, 44, of Coos Bay, is charged with bank theft, embezzlement, or misapplication by a bank officer or employee.
According to court documents and statements made in court, Casas allegedly stole approximately $1.9 million from the bank between August 2024 and December 2024 while serving as a bank manager at a financial institution in Coos Bay.
Casas made her initial appearance in federal court on Thursday before a U.S. magistrate judge. She was arraigned, pleaded not guilty, and was ordered released pending trial. A jury trial is scheduled to begin on August 24, 2026.
If convicted, Casas faces a maximum sentence of 30 years in federal prison, up to five years of supervised release, and a fine of up to $1,000,000.
The indictment was announced by U.S. Attorney Scott E. Bradford for the District of Oregon.
The case is being investigated by the Federal Bureau of Investigation. Assistant U.S. Attorney Joseph Huynh is prosecuting the case.
Officials emphasized that an indictment is only an accusation, and a defendant is presumed innocent unless proven guilty in a court of law.
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