Former officer of failed bank charged with conspiracy to commit fraud

Federal prosecutors have charged a former bank officer with conspiracy to commit bank fraud in connection with the failed First State Bank of Camargo in western Oklahoma.

Nicki S. Day, 59, of Camargo, faces one count of conspiracy to commit bank fraud in connection with a scheme prosecutors claim allowed her and others to use bank funds for personal expenses.

Prosecutors allege Day, as well as other employees, officers and directors of the bank, conspired to use bank funds to float personal checks and bank drafts when they didn't actually have sufficient money to cover the transactions.

Day created fraudulent bank transactions to make purchases at QVC and Walmart, according to the charges.

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