Smittys Wife (Lois) INDICTED for 4 mi...

Smittys Wife (Lois) INDICTED for 4 million Bank Fraud

Posted in the Hazard Forum

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Uh0h

Netherlands

#1 Mar 3, 2013
A Hazard woman is facing federal charges after a grand jury returned an indictment accusing her of illegally structuring bank deposits worth millions of dollars over a two-year period.

The indictment was returned on Feb. 14 against 52-year-old Lois Elaine Smith, who is alleged to have structured several deposits at Peoples Bank & Trust Company in Hazard, totaling $4,044,180 from Feb. 14, 2008 to June 5, 2010, in order to avoid federal reporting requirements.

Banks and other federal institutions are required to report all money exchanges over $10,000. It is illegal to intentionally structure financial exchanges such as deposits or withdrawals with any federal institution that would avoid reporting requirements.

The investigation resulting in the indictment was handled by the Internal Revenue Service. If convicted, Smith faces a maximum of five years in prison and a fine of $250,000. No court date in her case has been set.
Karma

United States

#2 Mar 3, 2013
It's not going away!
Rooster

Prestonsburg, KY

#3 Mar 3, 2013
The truth shall set us free, there's usually smoke before fire, and the community is on to it- the Real truth behind this topic
Hmmm

Prestonsburg, KY

#4 Mar 3, 2013
Gone again???
APG

Prestonsburg, KY

#5 Mar 3, 2013
You all are fools!!!!!!!!
Thisiscrazee

Prestonsburg, KY

#6 Mar 3, 2013
WTF ??????? Guess things sometime have to play out a certain way I guess???? The truth WILL show up I'm the end.......
Cops

Prestonsburg, KY

#7 Mar 3, 2013
They know!!!
Sickening

Prestonsburg, KY

#10 Mar 3, 2013
You can't wash off what you've done
Guilty

Prestonsburg, KY

#11 Mar 3, 2013
She's federally F'D!!!!!!
True

Prestonsburg, KY

#12 Mar 3, 2013
For the umpteenth time, YES! Why else the removals. We're not going away because we and YOU ALL know there's more to learn!!!!!
Nuts

Prestonsburg, KY

#13 Mar 3, 2013
Old man ain't got ne or he wouldn't have had her do it, he didn't want his name on the account 4 a reason
Shame

Prestonsburg, KY

#14 Mar 3, 2013
What a low life husband, Smitty, ur not much BROTHER
What

Prestonsburg, KY

#15 Mar 3, 2013
When did that happen? Huh?
mysay

London, KY

#16 Mar 3, 2013
What wrote:
When did that happen? Huh?
Why do you keep changing your name and posting over and over again to make it appear like someone else is posting. You are one ignorant ass person.
SheDid

Prestonsburg, KY

#17 Mar 3, 2013
The Oscar goes to her. She played the look of a good Christian. Mayb they will move Hollywood
Mysay

Prestonsburg, KY

#18 Mar 3, 2013
YouSay,why don't u move far away, take ur hay, and guard ur crop during May-whatya goin 2 say? Punks
Keepitup

United States

#19 Mar 3, 2013
The community needs to stand up and let the Smiths know we mean business. Continue to report them to the proper authorities for food stamp fraud, Medicaid fraud, whatever it may be that they are doing illegally. I don't mean the local authorities either, gotta go higher up! Eventually they will have to answer for ALL of it!!!
mysay

London, KY

#21 Mar 3, 2013
Mysay wrote:
YouSay,why don't u move far away, take ur hay, and guard ur crop during May-whatya goin 2 say? Punks
Why do you keep changing your name and posting over and over again to make it appear like someone else is posting. You are one ignorant ass person.
Mysay

Prestonsburg, KY

#22 Mar 3, 2013
mysay wrote:
<quoted text>
Why do you keep changing your name and posting over and over again to make it appear like someone else is posting. You are one ignorant ass person.
im not the ignorant ass that can't sleep at night because of what ur apart of-its so obvious, otherwise why r u making these remarks bub
monster high

Macon, GA

#23 Mar 4, 2013
just take that FREE medical card that the government sends you and go get sum sleeping pills. since all the hard working men and women paid it in so you could get medical help that you cannot AFFORD to pay for cause you are so poor and Underprivileged ( a person Not enjoying the same standard of living or rights as the majority of people in a society) but can afford big nice homes and really nice vehicles and have conveinences that the HARD working men and women only dreams of. wish i was that poor but NO i pay for all my families food,pay all the medical bills and even had to go bankrupt on some cause i could not pay them when our jobs cut down and i still dont get unemployment, i work 4 days a week and barley make ends meet but they meet and thats all that counts.our families clothes come from wall mart and mt. mission.we don't put on heirs for no one and never will but it's a HONEST living.

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