NEW YORK (Reuters) — A New York City woman was convicted of bank fraud and larceny Friday for spending money meant for the United Nations that mistakenly was deposited into her bank account.
Susan Rouse Madakor, 40, of Brooklyn, had denied the charges in federal court, saying through her attorney she thought the money had came from lottery winnings.
A total of $701,998.94 was deposited erroneously in her account, prosecutors said.
She faces up to 30 years in federal prison when she is sentenced next Feb. 7.
Madakor, a single mother, was said to have spent some $250,000 before Chase Manhattan Bank froze her account, buying a laundry business for $100,000, setting up a college trust fund for her 10-year-old son, furnishing a new apartment, paying off credit card debts and leasing a minivan.