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Channel: Crime - The Patriot Ledger, Quincy, MA
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Rockland couple pleads guilty in $2.7 million embezzlement scheme

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BOSTON – A Rockland couple has admitted to embezzling more than $2.7 million from Bank of America in a scheme involving charities in Boston and Atlanta.Palestine “Pam” Ace, a 45-year-old former senior vice president at the bank’s global wealth and investment division, pleaded guilty Thursday to 12 counts of bank fraud, five counts of wire fraud and once count of conspiracy to commit bank fraud. Her husband, 46-year-old Jonathan Ace, pleaded guilty to three [...]

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