ANCHORAGE, Alaska (AP) — A former Alaska bank employee who stole $4.3 million in cash and fled to Mexico is set to be sentenced this month.
33-year-old Gerardo Valenzuela pleaded guilty to theft of bank funds after he was extradited to the U.S.
The former cash vault services manager loaded boxes of cash onto a cart and wheeled them out of a KeyBank in Anchorage in 2011. He then took a private jet to Washington state and drove to Mexico.
Federal prosecutors say Mexican authorities arrested Valenzuela on smuggling charges after finding cash and guns on him during a random search. He was jailed in Mexico for seven years.