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"Dipping into Key Bank Discretionary funds"

by Janet Christensen -O'Brien Friday, Feb. 04, 2005 at 12:33 AM
(206) 624-9624

As of January 19, 2005, Gayle Steinmeyer of the Office of the Comptroller of Currency recieved an inquiry to investigate Cynthia Tyler, formally of Key Bank who dipped into a "Milion dollars" of discretionary funds.

According to un-named sources Cynthia L. Tyler was the bank manager and auditor and embezzled almost a Million dollars in the year 2004. Key Bank is still trying to figure out the amount of money she embezzle in prior years of her employmnt with Key Bank.

The bank security department and auditors have been sending personal to get all of the records from the Mt. Vernon Key Bank Branch. The Federal Reserve office in San Fransisco notified Janet Christensen OBrien that the Office of the Comtroller of Currency would be the proper authority to investigate this matter. Eric Muller, FBI is also investigating. Janet Christensen O'Brien has contacted Mr. Muller and was informed that he was giving the information to his supervisor.

An un-named source said that "Mr. Miller, an attorney for Key Bank, asked Cynthia Tyler why ?"

An un-named source said, "Cynthia Tyler was using two sets of books, and using a "Customer's name" to wire and transfer money into" from Chase and other sources. The source said, "Key Bank leases all of their vaults and as the auditor of the bank Cynthia Tyler was able to wire and computer transfer "discretionary Key Bank' money without notice." An un-named source said that they thought others must have been working with her and they were trying to find out who they were." An un-named source said that, "Vicky Gail was in the security department at Key Bank services in Tacoma and that some of the wire transferes were returned to her attention." Cynthia Tyler quit her job after talking with Robert Casto, and Janet Christensen O'Brien. As of February 2, 2005 there are no warrents for anyone's arrest and the case is still under investigation.


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