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ANCHORAGE, Alaska — An Anchorage bank employee embezzled more than $4 million the old-fashioned way — by carrying it out of the building, according to federal prosecutors.
Gerardo Adan Cazarez Valenzuela, 26, is charged with stuffing $4.3 million into computer boxes and wheeling them out of a KeyBank vault on a rolling cart. He was arrested in Mexico on Aug. 1 and indicted Wednesday by a grand jury in Anchorage, the U.S. attorney’s office said. Mexican authorities searched his luggage at a checkpoint and found weapons, ammunition and about $3.8 million.
Denver Post wire services
