Eva Barroso, a former manager for the $491 million Oklahoma Central Credit Union in Tulsa, was sentenced Tuesday to 27 months in federal prison for bank fraud and income tax evasion.

U.S. District Court Judge Gregory K. Frizzell in Tulsa also ordered Barroso to pay restitution of more than $295,000.

Barroso, 54, of Broken Arrow, pleaded guilty in May to making at least three false loans in the names of other individuals or entities without their knowledge or authorization and making other fake representations.

As the credit union's commercial services manager for more than five years, Barroso began her fraudulent scheme in July 2009 and ended up stealing more than $238,177 through March 2012, according to court records.

She used the stolen funds to pay for personal expenses, including multiple ATM withdrawals at various casinos. She also used some of the money to make payments on prior fraudulently obtained loans.

Barroso also admitted to income tax evasion. In 2010, she reported that along with her spouse, they had a joint taxable income of $35,530 and owed $3,453 in taxes. However, court records showed their joint taxable income of $187,628 and owed $40,799 to the IRS.

In addition to making restitution of $238,177 to OCCU, Barroso will be required to pay the IRS $57,360 in back taxes, interest and penalties.

Barroso will begin her prison term Sept. 29.

Instant Insights /

Former Manager Sentenced for Fraud

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