fbi arrests Watson accused of robbery 07-02-08

A BOYLE WOMAN IS ACCUSED OF STEALING FROM A BANK, AND IS ARRESTED BY THE F-B-I. KAREN WATSON IS NAMED IN A FEDERAL INDICTMENT WHICH ALLEGES SHE STOLE THE MONEY FROM THE CLEVELAND-BASED BANK LAST YEAR. OFFICIALS SAY WATSON, A 43-YEAR-OLD WHITE WOMAN, WAS THE HEAD TELLER, AND USED HER POSITION TO SWINDLE THE BANK OUT OF MORE THAN 40-THOUSAND DOLLARS IN A SIX MONTH PERIOD. THE FEDS SAY WATSON FALSIFIED BANK RECORDS TO REFLECT CUSTOMER WITHDRAWALS WHICH HAD NOT BEEN MADE. SHE ALLEGEDLY TOOK BIG SUMS -- 13-THOUSAND AND 10-THOUSAND DOLLARS -- AT DIFFERENT TIMES. WATSON'S BEEN CHARGED WITH ONE COUNT OF "BANK FRAUD," ONE COUNT OF "THEFT, EMBEZZLEMENT AND MISAPPLICATION BY A BANK OFFICER," AND FIVE COUNTS OF "FALSE BANK ENTRIES, REPORTS AND TRANSACTIONS." SHE HAS UNTIL JULY 14TH TO CUT A DEAL WITH THE FEDS, OR GO TO TRIAL LATER THIS MONTH.